8300 Ltc Pky - Warehouse FOR SALE


Port Saint Lucie, FL 34986- Outer Port St Lucie
$4,000,000 USD
561-414-8567
8300 Ltc Pky, Port Saint Lucie, FL for Sale
$4,000,000 USD
Warehouse - FOR SALE
1/29
null | Request Cap Rate

8300 Ltc Pky
Port Saint Lucie, FL 34986
Outer Port St Lucie


HIGHLIGHTS

  • Low oversight, single-tenant net leased industrial investment opportunity!
  • Strong long-term regional tenant with 17 locations throughout the state of Florida, below market rent for upside component in less than 5 years
  • 19,920 SF freestanding warehouse, 3 Drive-In Doors, 22' clear ceilings, 400 amp / 3 Phase Heavy Power, roof refurbished with +/-9 year guarantee.
  • 4.82-acre parcel includes fenced IOS yard and truck court with poured concrete, flexible PUD zoning, ideal for industrial and manufacturing ventures.
  • Located next door to Amazon distribution center just 1 mile from I-95 and 5 miles to Florida's Turnpike for easy logistics and distribution reach.
  • Proximate to Pilot Flying J and Loves Truck Stops for added convenience, in high-growth submarket of Port Saint Lucie, FL.

OVERVIEW

HIGH BARRIER-TO-ENTRY INVESTMENT TYPE, Perfect For 1031 Exchange Buyers! Currently leased to a strong regional tenant paying well below-market rent with no remaining renewal options, this asset presents a compelling value-add opportunity for investors to achieve mark-to-market returns at lease expiration. Ideal for 1031 exchange buyers seeking future upside potential. REQUEST OFFERING MEMORANDUM FOR MORE DETAILS. Lee & Associates presents a fully leased, single-tenant net leased investment opportunity located in the high-growth Port St Lucie industrial submarket. This high-barrier to entry investment asset consists of a 19,920 SF freestanding industrial building constructed in 2008, situated on an expansive 4.82 AC lot with flexible PUD zoning, and features a fully fenced and gated IOS yard and truck court complete with poured concrete. Property features include 3 Drive-In Loading Doors, 22' clear ceilings, 400 amp / 3 Phase Heavy Power, 50 surface parking spaces, and a reinforced concrete construction with a recent roof refurbishment including a +/-9-year guarantee. Currently leased to a strong regional tenant that has 17 locations throughout the state of Florida. The tenant is currently paying well below-market rent with no remaining renewal options presenting a compelling value-add opportunity for investors to achieve mark-to-market returns at lease expiration. Ideal for 1031 exchange buyers seeking future upside potential. Conveniently located next door to a brand new Amazon Distribution Center, just 1 mile from I-95 and 5 miles to Florida's Turnpike with Pilot Flying J and Loves Truck Stops, this property offers unparalleled access for logistics and distribution operations throughout South Florida. Its proximity to major transportation arteries facilitates efficient travel and connectivity, ensuring seamless movement of goods and services. Situated in the vibrant Port Saint Lucie area, businesses benefit from the region's robust economic growth and proximity to key markets.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$201 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

UTILITIES

-

CLEAR CEILING HT

22 Ft

DOCKS

-

DRIVE INS

3

PARKING SPACES

50

LAND DETAILS

LAND ACRES

4.82

LAND SF

209,959

ZONING

PUD

APN/PARCEL ID

33-01-702-0010-0001

ASK ABOUT THIS PROPERTY

C. Todd EverettLee & AssociatesMore Info
561-414-8567

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C. Todd EverettLee & AssociatesMore Info
561-414-8567

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