4320-4340 NW Federal Hwy - Storefront Retail/Office FOR SALE


Jensen Beach, FL 34957
$7,500,000 USD
806-784-3258
4320-4340 NW Federal Hwy, Jensen Beach, FL for Sale
$7,500,000 USD
Storefront Retail/Office - FOR SALE
1/10
null | 6.95% Cap Rate

4320-4340 NW Federal Hwy
Jensen Beach, FL 34957


HIGHLIGHTS

  • Ample parking and easy access to site

OVERVIEW

La-Z-Boy completed $750,000 in interior and exterior renovations to this location while extending its long-term lease showing its commitment to this store location. Dunkin Donuts originally signed a 10-year primary lease term and has exercised 5-year renewal options on 1/15/2015 and 2/28/2020. Dunkin Donuts just exercised its 3rd 5-year renewal option on 3/1/2025 with 3 x 5-year renewal option periods remaining. New seven (7) year lease signed with a Palm View Spine & Wellness, which is a Chiropractic and Wellness Center. Due to the NNN lease structure and the long-term commitment from tenants like La-Z-Boy, this retail center offers a stable and predictable income stream, making it an attractive opportunity for investors seeking reliable cash flow.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$316 USD /SF

CAP RATE

6.95%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Westmoreland Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

133

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

GC

APN/PARCEL ID

18-37-41-004-002-00011-7

ASK ABOUT THIS PROPERTY

Alex Eberhardt, CCIMColdwell Banker Commercial Capital AdvisorsMore Info
806-784-3258

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Alex Eberhardt, CCIMColdwell Banker Commercial Capital AdvisorsMore Info
806-784-3258

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