
Comparable sales across Jensen Beach and Port St. Lucie average $230-$265/SF with 5.4-7.2% cap rates for similar-sized centers. The property's fully leased status and stable tenants (medical and community service) support a valuation near the midpoint of this range despite below-market base rents. VALUE ADD OPPORTUNITY The 2025 lease expirations (two tenants) Now Month to Month provide rent growth potential, adding upside value for buyers seeking medium-term repositioning. $280/SF and an effecti...Comparable sales across Jensen Beach and Port St. Lucie average $230-$265/SF with 5.4-7.2% cap rates for similar-sized centers. The property's fully leased status and stable tenants (medical and community service) support a valuation near the midpoint of this range despite below-market base rents. VALUE ADD OPPORTUNITY The 2025 lease expirations (two tenants) Now Month to Month provide rent growth potential, adding upside value for buyers seeking medium-term repositioning. $280/SF and an effective in-place cap rate of ~7.1%, balancing yield-driven investor appeal with growth potential. Positioned below replacement cost and regionally competitive with recent retail-medical sales in central Martin County.
View MoreCourtesy of
Agency Name: RE/MAX of Stuart
Agency Contact: 772-323-7037
Agent Name: Rosi Shepard
Presented by
Agent Name: Maribel Aguilar
Agent Phone: 786.217.3442
Agency Title: The Keyes Company
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3405 NW Federal Highway, Jensen Beach, FL 34957.
Email 3405 NW Federal Highway, Jensen Beach, FL 34957
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