7200-7240 S US Highway 1 - Storefront FOR SALE


Port Saint Lucie, FL 34952- Outer Port St Lucie
$4,450,000 USD
305-788-0502
7200-7240 S US Highway 1, Port Saint Lucie, FL for Sale
$4,450,000 USD
Storefront - FOR SALE
1/6
null | Request Cap Rate

7200-7240 S US Highway 1
Port Saint Lucie, FL 34952
Outer Port St Lucie


OVERVIEW

Prime Retail, a 15,230 square foot multi-tenant neighborhood retail plaza strategically positioned along one of Port St. Lucie’s primary commercial corridors. The property is 100% leased per the current rent roll. The tenant roster consists of a diversified mix of retail, service, and dining operators serving the surrounding residential trade area. The leases feature structured terms including 3% annual rental escalations, providing predictable income growth and long-term revenue visibility. Several suites reflect below-market rents, offering potential for future mark-to-market upside upon renewal or rollover. Significant recent capital improvements materially enhance the durability of the asset, including full roof replacements in 2024 with 20-year warranties, exterior upgrades, and parking lot resurfacing.

FOR SALE DETAILS

PRICE

$4,450,000 USD

PRICE/SF

$292 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.67 AC

LAND SF

72,745 SF

ZONING

CG

APN/PARCEL ID

3422-132-0001-000-8

ASK ABOUT THIS PROPERTY

Maan BaraziMaan BaraziMore Info
305-788-0502

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Maan BaraziMaan BaraziMore Info
305-788-0502

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