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179 SW Port St Lucie Boulevard - New 10 Year Starbucks Net Lease, Port Saint Lucie, FL

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179 SW Port St Lucie Boulevard - New 10 Year Starbucks Net Lease

Port Saint Lucie, FL 34984-5081 - Port St Lucie Submarket


Property Type:Retail Sub Type:- Status:Proposed, breaks ground June 2017 Year Built:2018
Building Size:2,200 SF Land Area:-
For Sale Price:$2,450,000 Price/SF:$1,113.64
Cap Rate:-



Sale Notes:
The Kase Group is pleased to present a rare Corporate Starbucks absolute NNN lease. The building will include a drive-thru and is located on a major commercial thoroughfare surrounded by national tenants including AutoZone, Walgreens, Wendy' s and WinneDixie. The building is new construction with a 10 year lease, with the lease calling for 10% increases every 5 years in the initial term and at each of the four 5-year options.

Port St. Lucie is a city in St. Lucie County, Florida. The population of Port St. Lucie was 164,603 at the 2010 census due to its rapid growth during the 2000s. In 2013 the State of Florida estimated the City' s population at 171,016. Port St. Lucie forms part of a metropolitan area called the Port St. Lucie, Florida Metropolitan Statistical Area that in 2013 was estimated to have 438,095 residents.

SVN The Kase Group
Jacob Abusharkh
(925) 231-1770




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