Active

$3,799,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRO6298273
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$3,799,000
HOA Fee:
N/A
Tax Amount:
$25521.25
Price per SqFt:
$176.99
Tax 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)
Exterior Features
Lot Size:
80586
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Office
Style:
N/A
Year Built:
1977
Construction Type:
Block, Concrete, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    3214 S US HIGHWAY 1
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
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