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10959 SW Village Pky
Port Saint Lucie, FL 34987

$3,176,000 USD

Storefront Retail Office For Sale  •  1,900 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 1,900 SF
  • Lot Size 0.77 AC
  • Building Class A
  • Year Built 2024
  • Cap Rate 4.25 %
  • Tenancy Single
  • Zoning MASTER PLA
0 Transit Score
49 Walk Score

Highlights

Rare Publix outparcel at the main entrance to Tradition, one of Florida's largest and most successful master planned communities (40,000 residential u
Full access from signalized intersection shared by Publix, Fresh Market, Target, TJ Maxx, Ulta, LA Fitness, and Panera Bread
Fifth Third is rated A- by Fitch and operates +/- 1,200 branhces across 10 states
Tradition is an 8,300 acre master-planned community that has grown annually by 10% - 13% with average household incomes exceeding $114,000 in 1 mile
Absolute Net Ground Lease provides completely passive ownership and stable cash-flow for absentee owner
Fixed 10% increases provide hedge against inflation and an average return of 4.93% over the base term of the lease
Cap Rate: 4.25 %

Major Tenants

Tenant SF Occupied Lease End Date
fifth third bank
Patrick Wagor 561-427-6699 Atlantic Capital Partners
Patrick Wagor 561-427-6699 Atlantic Capital Partners