Search Results for 

2705 - 2819 Peters Road - Florida NeXus Park, Fort Pierce, FL

Welcome to SHOWCASE.COM, the Web's most comprehensive source of commercial property data, where you can search from 900,000 listings nationwide. To see more Commercial Real Estate listings, Office Space, Industrial Space, Retail Space, Commercial Land, Multi-Family or other commercial property types, just click the button to the right.
DetailMap
2705 - 2819 Peters Road - Florida NeXus Park

NW Quad / I 95 & Okeechobee Rd (SR-70)
Fort Pierce, FL 34945 - Fort Pierce Submarket

(4.6 MB)

Property Type:Office Sub Type:- Status:Existing Year Built:1988
Stories:1 Typical Floor:153,550 SF Building Size:153,550 SF
% Leased:
For Sale Price:For Sale Price/SF:-
Cap Rate:-
Smallest Space:2,500 SF Largest Space:50,000 SF Total Space Avail:143,848 SF Rent/SF/Yr:
$10.00
Parking:Free Surface spaces are available; Ratio of 5.1/1,000 SF Amenities:24 Hour Availability, Bus Line, Security System, Signage


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
25,000 SF
$10.00/SF/Yr
Vacant
Negotiable
Office
 1st
50,000 SF
$10.00/SF/Yr
Negotiable
Negotiable
Office
 1st
8,000 SF
$10.00/SF/Yr
Vacant
Negotiable
Office
 1st
7,500 SF
$10.00/SF/Yr
Vacant
Negotiable
Office
 1st
5,000 SF
$10.00/SF/Yr
Vacant
Negotiable
Office
 1st
5,000 SF
$10.00/SF/Yr
Vacant
Negotiable
Office
 1st
7,500 SF
$10.00/SF/Yr
Vacant
Negotiable
Office
 1st
3,100 SF
$10.00/SF/Yr
Vacant
Negotiable
Office
 1st
9,089 SF
$10.00/SF/Yr
Vacant
Negotiable
Office
 1st
2,500 SF
$10.00/SF/Yr
Vacant
Negotiable
Office
 1st
2,500 SF
$10.00/SF/Yr
Vacant
Negotiable
Office
 1st
3,500 SF
$10.00/SF/Yr
Vacant
Negotiable
Office
 1st
5,000 SF
$10.00/SF/Yr
Vacant
Negotiable
Office
 1st
10,159 SF
$10.00/SF/Yr
Vacant
Negotiable
Office
 
11160513
11399442
11160515
11160517
8248113
11160510
11160518
11160519
11160525
11160528
11160533
11160537
11160543
11160511
Marketing Flyer Marketing Flyer  
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
25,000 SF
$10.00/SF/Yr
Vacant
Negotiable
Office
1st
50,000 SF
$10.00/SF/Yr
Negotiable
Negotiable
Office
1st
8,000 SF
$10.00/SF/Yr
Vacant
Negotiable
Office
1st
7,500 SF
$10.00/SF/Yr
Vacant
Negotiable
Office
1st
5,000 SF
$10.00/SF/Yr
Vacant
Negotiable
Office
1st
5,000 SF
$10.00/SF/Yr
Vacant
Negotiable
Office
1st
7,500 SF
$10.00/SF/Yr
Vacant
Negotiable
Office
1st
3,100 SF
$10.00/SF/Yr
Vacant
Negotiable
Office
1st
9,089 SF
$10.00/SF/Yr
Vacant
Negotiable
Office
1st
2,500 SF
$10.00/SF/Yr
Vacant
Negotiable
Office
1st
2,500 SF
$10.00/SF/Yr
Vacant
Negotiable
Office
1st
3,500 SF
$10.00/SF/Yr
Vacant
Negotiable
Office
1st
5,000 SF
$10.00/SF/Yr
Vacant
Negotiable
Office
1st
10,159 SF
$10.00/SF/Yr
Vacant
Negotiable
Office
Northwest quadrant of I-95 and Okeechobee Road (SR 70), 1/2 mile from Florida Turnpike interchange. Secured parcel with controlled access. Many restaurants and amenities adjacent to the park. Venture capital incentives available for qualified companies. Economic job growth and relocation incentives from various government agencies. Free Trade Zone (tax exempt) designations available.


Sale Notes:
Property tours are available by appointment ONLY. Please contact Alan Sperling to schedule at alan.sperling@avisonyoung.com or 561-833-3622.

Investment Highlights:
±158,300 SF mixed-use business park in Ft. Pierce, Florida
Flexible zoning allowing for multiple uses with development opportunity of vacant ±1.4 AC
In-place cash flow with value-add potential with lease up of available ±95,589 SF
Adjacent to I-95 interchange and 1/2 mile from Turnpike interchange
Available and affordable workforce in the vicinity

Investment Overview:
Avison Young (“AY”) is pleased to exclusively offer for sale Florida Nexus Park (the “Property”), a ±153,550 square foot mixed-use office and retail center in Fort Pierce, FL. The offering represents the opportunity to acquire an extremely well-located property with in-place income and significant upside through lease-up of the vacant space.

The Property is strategically positioned just off of Okeechobee Road (State Road 70) with high visibility and easy access to major highways. Located immediately to the east of the Property is Interstate 95, Florida’s primary north/south arterial roadway, while half a mile to the west is the Florida Turnpike interchange.

Originally constructed in 1988 on more than 18 acres of land, with an additional ±1.4 acre outparcel, the Property is currently ±37.7% occupied with tenants that include Comcast, Maximus and Drawdy Construction. Current zoning allows for multiple uses including but not limited to office, showroom, retail, call center and distribution uses. At the City Commission meeting on February 17, 2009, our property owned by the seller was granted Conditional Use approval allowing it to operate as a biotech research facility (see due diligence vault). This conditional use approval allows various light manufacturing uses also. This flexible zoning awards the potential investor the ability to tailor the lease-up of the Property and target the tenant mix of their preference, or redevelop the Property completely.

The Port St. Lucie/Fort Pierce Office market has continued to show improvement throughout the first quarter of 2017. With nearly 9.8 million square feet of office space in the market, vacancy in the first quarter of 2017 been pushed down to 8.2%, or 100 bps below where it was just 12 months earlier in the first quarter of 2016. The retail market is the strongest it has been since 2011, with solid fundamentals all around. The vacancy rate has continued to trend downward from 4.7% at year-end 2016 to 4.6% in 2017’s first quarter.

With occupancy at ±37.7%—in a market that has vacancy rates of 4.6% and 8.2% for office and retail, respectively —and solid in-place income with historically low operating expenses, Florida Nexus Park is an investment opportunity that will not only produce long-term cash flow for the owner, but also offer significant value enhancement potential through the lease-up of the vacant space.

Ten-X, LLC
Cheri Mascitelli
(305) 537-9318

Ten-X Commercial
(800) 793-6107

  
Avison Young
John K Crotty
(305) 447-7865

Michael T Fay
(305) 447-7842

Alan Sperling
(561) 702-0202

  
Avison Young
David Duckworth
(954) 938-1806


Colliers International South Florida, LLC
Bastian Laggerbauer
(561) 804-9678

Kevin McCarthy
(561) 804-9678



Share this listing

Copy and paste this HTML into your blog or web page:
<a href="http://www.showcase.com/property/2705-2819-Peters-Road/Fort-Pierce/Florida/6201115" target="_blank">2705 - 2819 Peters Road - Florida NeXus Park, Fort Pierce, FL - Commercial property</a>

Send Email
From:
To:
Subject:
Add a personalized message: (Optional)
Copyright © 1997-2017 CoStar Realty Information, Inc. All rights reserved.  |  About SHOWCASE.COM |  Advertise |  Site Map |  800-216-3234