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19280645
19280644

1940 SW Fountainview Blvd, Port St. Lucie, FL 34986

Jeremiah Baron & Co. Commercial Real Estate LLC
Listed by Jeremiah Baron & Co. Commercial Real Estate LLC
$5,250,000
1114 days on market
Updated 72 days ago

Fully Leased Professional Outparcel

Details
Property Type Office
Sub Type Traditional Office
Square Footage 10,000
Units 3
Cap Rate 6%
NOI $315,000
Occupancy 100%
Tenancy Multi
Brand/Tenant Morgan and Morgan, Liberty Title (+1)
Lease Type NNN
Price per SqFt $525
Year Built Under Construction
Buildings 1
Stories 1
Zoning PUD

Fully Leaased | New Construction | 6.00% CAP | 10,000 SF

Marketing description

· Outstanding investment opportunity featuring a 10,000 sf new construction office building situated in the heart of St. Lucie West, Florida.

· Site is fully occupied with three professional tenants that include: Morgan and Morgan law firm, Liberty Title Co. and the Baron Real Estate office.

· Site has great exposure with I-95 frontage and lake views. An average of 80,000 vehicles daily. Easy access to I-95 and St. Lucie West interchange.

Investment highlights

Outstanding investment opportunity featuring a future 10,000 sf office building situated in the heart of St. Lucie West, Florida.

Site is fully occupied with three professional tenants that include: Morgan and Morgan law firm, Liberty Title Co. and the Baron Real Estate office.

Construction of the building is currently in progress, and it is slated to be completed by mid 2023.

Site has great exposure with I-95 frontage and lake views. An average of 80,000 vehicles daily. Easy access to I-95 and St. Lucie West interchange.

Listing Contacts

Jeremiah Baron & Co. Commercial Real Estate LLC
Listed by Jeremiah Baron & Co. Commercial Real Estate LLC

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$315,000.00
$26,250.00/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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