Single Tenant Warehouse on 4.82 AC

Highlights:

• Low oversight, single-tenant net leased industrial investment opportunity!
• High barrier-to-entry investment type and asset class perfect for 1031 exchange buyers.
• Strong long-term regional tenant with 17 locations throughout the state of Florida
• Below market rent for upside component in less than 5 years
• 19,920 SF freestanding warehouse next door to Amazon distribution center.
• 4.82-acre parcel includes fenced IOS yard and truck court with poured concrete.
• Flexible PUD zoning, ideal for industrial and manufacturing ventures.
• 3 Drive-In Loading Doors, 22' clear ceilings, and 400 amp / 3 Phase Heavy Power.
• Roof refurbished with +/-9 year guarantee.
• 50 surface parking spaces with a favorable ratio of 2.51 per 1,000 SF.
• Located just 1 mile from I-95 and 5 miles to Florida's Turnpike for easy logistics and distribution reach.
• Proximate to Pilot Flying J and Loves Truck Stops for added convenience.
• Situated in high-growth submarket of Port Saint Lucie, FL, a thriving area with robust economic growth.

Description:

Lee & Associates presents a fully leased, single-tenant net leased investment opportunity located in the high-growth Port St Lucie industrial submarket. This high-barrier to entry investment asset consists of a 19,920 SF freestanding industrial building constructed in 2008, situated on an expansive 4.82 AC lot with flexible PUD zoning, and features a fully fenced and gated IOS yard and truck court complete with poured concrete. Property features include 3 Drive-In Loading Doors, 22' clear ceilings, 400 amp / 3 Phase Heavy Power, 50 surface parking spaces, and a reinforced concrete construction with a recent roof refurbishment including a +/-9-year guarantee. Currently leased to a strong regional tenant that has 17 locations throughout the state of Florida. The tenant is currently paying well below-market rent with no remaining renewal options presenting a compelling value-add opportunity for investors to achieve mark-to-market returns at lease expiration. Ideal for 1031 exchange buyers seeking future upside potential.

Conveniently located next door to a brand new Amazon Distribution Center, just 1 mile from I-95 and 5 miles to Florida's Turnpike with Pilot Flying J and Loves Truck Stops, this property offers unparalleled access for logistics and distribution operations throughout South Florida. Its proximity to major transportation arteries facilitates efficient travel and connectivity, ensuring seamless movement of goods and services. Situated in the vibrant Port Saint Lucie area, businesses benefit from the region's robust economic growth and proximity to key markets.

Prime location in Port Saint Lucie, FL, offering easy access to major transportation routes and proximity to key attractions such as The Florida Club and The Landing at Tradition. Just 1 mile to I-95 Access and 5 miles to Florida's Turnpike Access.

400a / 3 Phase Heavy Power