3395-3405 NW Federal Hwy - Freestanding FOR SALE


Jensen Beach, FL 34957
$4,000,000 USD
772-837-5801
3395-3405 NW Federal Hwy, Jensen Beach, FL for Sale
$4,000,000 USD
Freestanding - FOR SALE
1/32
null | 5% Cap Rate

3395-3405 NW Federal Hwy
Jensen Beach, FL 34957


HIGHLIGHTS

  • 100% Leased Medical Mix
  • Strong Traffic Counts 57,000-70,000 Vehicles Per Day
  • 113 Parking Spaces 7.9 spaces per 1,000sqft (Ideal for Medical and High Visit Uses.)
  • US1 High Visibility Federal Highway Frontage
  • Limited Competing Vacancy
  • Concrete Block Construction, Metal Roofing System

OVERVIEW

The Property’s fully leased status with stable medical and community service tenants supports a strong ROI, underpinned by an updated rent roll reflecting approximately $266,000 in annual base rental income. Several occupants currently on month-to-month terms are paying under-market rents, presenting near-term upside through renewals or repositioning at market rates. Durable concrete block construction with a metal roof helps reduce long-term maintenance exposure, while 113 on-site parking spaces provide exceptional parking capacity, enhancing tenant retention and future leasing flexibility across a variety of medical and community-oriented uses. -100% leased medical mix: Five tenants including Stuart Urgent Care, Calvary Community Church, North Stuart Physical Therapy, Electrolysis Laser Center, and TCMA Care, all in-place with no vacancy. - Healthcare tenancy: Majority of GLA occupied by medical and wellness users (urgent care, physical therapy, laser/electrolysis, and urgent care-style clinic), benefiting from Port St. Lucie’s aging and healthcare-oriented population base. - High-visibility US-1 frontage: Approx. 288 feet of frontage on NW Federal Highway with pylon signage in a “Somewhat Walkable” corridor (Walk Score mid-50s). - Ample surface parking: 113 surface parking spaces, 7.9 spaces per 1,000 SF ratio, ideal for medical and high-visit uses. - Dense, affluent trade area: 5-mile population of ~120,000 with median household income in the mid-$60,000s and strong 5-year growth projections. - Strong traffic counts: US-1/Federal Highway traffic exceeding 50,000–70,000 vehicles per day within a half-mile of the site, driving daily visibility and tenant demand. - Tight retail market: Port St. Lucie retail vacancy around low-4% with strip centers near 3.8% vacancy and market rents around $24/SF NNN, supporting rent growth and backfill strength. - Limited competing vacancy: Peer strip centers in the immediate trade area are effectively fully leased with availability rates near 0% and NNN rents generally in the high-teens to mid-$20s per SF. - Pro-growth regional fundamentals: Port St. Lucie metro population ~550,000 with strong net migration, above-average homeownership, and growing healthcare employment base fueling long-term retail and medical demand. The property is at a signalized hard corner on US-1 and Jack Williams Way in northern Martin County’s primary commercial artery, offering strong visibility to high daily traffic serving Jensen Beach, Stuart, and the broader Treasure Coast trade area. Surrounded by regional retail anchors such as Treasure Coast Square and nearby power centers, as well as civic uses like the Hoke Library accessed via Jack Williams Way, the site benefits from a steady mix of destination and neighborhood traffic throughout the day.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$280 USD /SF

CAP RATE

5%

% 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

1980

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.