An exceptional investment opportunity featuring two fully leased, freestanding commercial buildings totaling 21,464 square feet on nearly 2 acres of land along the high visibility corridor of US Highway 1 in Fort Pierce, Florida. The properties are 100 leased, anchored by a long term government tenant through 2040. With stable income, desirable frontage, and a location in a rapidly growing market, this asset offers secure cash flow and long term upside. Cap rate approximately: 5.6 To receive more information, including Offering Memorandum, kindly contact us to execute an NDA.
An exceptional investment opportunity featuring two fully leased, freestanding commercial buildings totaling 21,464 square feet on nearly 2 acres of land along the high visibility corridor of US Highway 1 in Fort Pierce, Florida. The properties are 100 leased, anchored by a long term government tenant through 2040. With stable income, desirable frontage, and a location in a rapidly growing market, this asset offers secure cash flow and long term upside. Cap rate approximately: 5.6 To receive more information, including Offering Memorandum, kindly contact us to execute an NDA.
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 0.00
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Road Frontage Type: Other
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Country: US
Legal Description: (3214) 27 35 40 FROM INT OF NW COR OF THAT PROP DESC IN OR 968-1347 AND E RD R/W LI OF US 1, TH S 88 51 40 E 248.07 FT TO POB; TH CONT S 88 51 40 E 151.93 FT, TH S 00 01 31 E 224.88 FT, TH N 89 43 07 W 189.67 FT, TH N 01 08 20 E 116.08 FT, TH S 89 29 25 E 33.15 FT, TH N 01 08 20 E 111.23 FT TO POB- (0.89 AC - 38, 768 SF)
and
(3220)27 35 40 FROM INT OF NW COR OF THAT PROP DESC IN OR 968-1347 AND E RD R/W LI OF US 1, TH S 00 01 31 E ALG R/W LI 471.75 FT, TH S 88 51 40 E 250 FT TO POB; TH N 00 01 31 W 125 FT, TH N 88 51 40 W 42.12 FT, TH N 01 08 20 E 119 FT, TH S 89 43 07 E 189.67 FT, TH S 00 01 31 E 246.87 FT, TH N 88 51 40 W 150 FT TO POB- (0.96 AC - 41, 818 FT)
An exceptional investment opportunity featuring two fully leased, freestanding commercial buildings totaling 21,464 square feet on nearly 2 acres of land along the high visibility corridor of US Highw
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