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2800 NW Federal Highway, Stuart FL, 34994

2800 NW Federal Hwy, Stuart, FL 34994, USA
$9,200,000.00$27.00/Sq. Ft. Per Year
  • Details
  • Description
  • Features
  • Address

Detail

Updated on February 7, 2019 at 6:33 pm

  • Property ID: RF-4982
  • Price: $9,200,000.00
  • Property Size: 3.56 Acres
  • Year Built: 2001
  • Property Type: Shopping Center, Strip Center
  • Property Status: For Lease, For Sale
  • Construction Type:: Masonry
  • Parking:: Yes
  • Parking Spaces:: 20-40
  • Reserved Parking:: Yes
  • Zoning:: B1 / CG (Martin)
  • Square Feet:: 30376
  • Street Frontage:: 333’

Description

INVESTMENT SUMMARY

Jeremiah Baron & Co. is pleased to present Shoppes of Jensen Beach, a high profile plaza consisting of three outparcels with an estimated 500’ of frontage to US-1. This multi-tenant investment opportunity sits adjacent
to the Treasure Coast Square Mall, which is comprised of more than 120 stores including national brands such as JC Penney, Macy’s Dillard’s, and a Regal Cinema. The Shoppes of Jensen Beach features national and regional tenants that include: Men’s Warehouse, Panera Bread, T-Mobile, Mattress Firm, Stanton Optical, Vapor Shark, and Play-N-Trade. With only one space available to lease, the plaza currently brings in a total net income of $622,7419.47. However, once the site is fully leased, it will have the potential to generate a net income of $718,719 a year! Built in 2001, this site stands as one of the Treasure Coast’s most visible plazas with an esteemed record of tenancy and strong upside potential. The plaza features ample parking, large visible monument signs, and it’s in one of Treasure Coast’s most prime shopping and dining area. Conveniently located along the high traffic area of US-1, which gets an estimated 64,520 cars on a daily basis. Situated in Martin County’s most sough after coastal towns is the city of Stuart and Jensen Beach; two quaint towns with many big community plans in the works. Minutes away from the beaches, 45 minutes away from the Palm Beach Airport, 90 minutes from Fort Lauderdale International Airport, and almost two hours from Orlando International Airport.

Prime Shopping Outparcels | Investment Deal 

Once in a generation opportunity to own the most highly profiled plaza on the Treasure Coast, directly in front of the Treasure Coast Simon Mall. Anchored by all national & regional tenants including: Panera Bread, Men’s Warehouse, Play N Trade, T-Mobile, Mattress Firm, Stanton Optical & Vapor Shark. Jensen Beach Shoppes boasts one of the most visible plaza’s on US Highway 1 with some of the highest traffic counts on the Treasure Coast.

Property Documents

  • Address: 2800 NW Federal Highway
  • City: Stuart
  • State/county: Florida
  • Zip/Postal Code: 34994
  • Country: United States

WalkScore

walkscore47 / Car-Dependent more details here

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Contact info

Jeremiah Baron
Jeremiah Baron
772-286-5744(772) 528-0506
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