3395-3405 NW Federal Hwy - Freestanding FOR SALE


Jensen Beach, FL 34957
$3,000,000 USD
772-837-5801
3395-3405 NW Federal Hwy, Jensen Beach, FL for Sale
$3,000,000 USD
Freestanding - FOR SALE
1/8
null | 6.67% Cap Rate

3395-3405 NW Federal Hwy
Jensen Beach, FL 34957


HIGHLIGHTS

  • Fully leased to a stable mix of medical and community service tenants, providing immediate and consistent income with no vacancy.
  • Durable concrete block construction with a metal roofing system helps reduce long-term maintenance costs and supports long-term ownership.
  • 113 on-site parking spaces, delivering an exceptional 7.9 spaces per 1,000 square feet, ideal for medical, healthcare, and other high-visit uses.
  • Limited competing vacancy in the immediate trade area supports strong tenant demand, rent stability, and long-term leasing strength.
  • Substantial traffic counts along US Highway 1, with approximately 57,000 to 70,000 VPD, driving consistent exposure and visibility.
  • Prominent frontage along Federal Highway provides high visibility and convenient access along one of the region’s primary commercial corridors.

OVERVIEW

3395-3405 NW Federal Highway in Jensen Beach is a fully leased medical and community service center offering stable in-place cash flow with near-term upside. Generating approximately $266,000 in annual base rental income, the property is occupied by five established tenants, including Stuart Urgent Care, Calvary Community Church, North Stuart Physical Therapy, Electrolysis Laser Center, and TCMA Care. Several tenants are on month-to-month leases at below-market rents, creating an opportunity to enhance returns through renewals or repositioning to market rates. Durable concrete block construction with a metal roof helps limit long-term maintenance exposure, while 113 on-site surface parking spaces, equating to approximately 7.9 spaces per 1,000 square feet, support high-visit medical and service uses and strengthen tenant retention. The tenant mix is heavily weighted toward medical and wellness users, aligning well with the area’s aging and healthcare-driven demographics. Spanning approximately 288 feet of frontage along NW Federal Highway (US Highway 1), the facility offers excellent visibility and pylon signage exposure in a moderately walkable corridor. Traffic counts along US Highway 1 exceed 50,000 vehicles per day (VPD) within a half-mile of the site, supporting consistent daily exposure and long-term leasing demand. Situated at a signalized hard corner of US Highway 1 and Jack Williams Way in northern Martin County’s primary commercial corridor, tenants here serve the Jensen Beach, Stuart, and greater Treasure Coast markets. The surrounding trade area is dense and affluent, with an estimated population of approximately 120,000 within a 5-mile radius and median household incomes in the mid-$60,000s, along with positive population growth trends. Retail and service space fundamentals remain tight, with low vacancy rates and market rents supporting future rent growth and strong backfill potential. Nearby regional retail centers, civic uses, and healthcare services contribute to steady destination and neighborhood traffic throughout the day, reinforcing the property’s long-term appeal as a medical and community-oriented investment.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$210 USD /SF

CAP RATE

6.67%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Dealership, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

2.94 AC

LAND SF

128,066 SF

ZONING

GC

APN/PARCEL ID

19-37-41-000-000-00050-5

ASK ABOUT THIS PROPERTY

Rosi ShepardRosi Shepard Team Remax CommercialMore Info
772-837-5801

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Rosi ShepardRosi Shepard Team Remax CommercialMore Info
772-837-5801

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.