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1251 SE Dixie Cutoff Rd 6,700 SF 100% Leased Industrial Building Stuart, FL 34994 $2,750,000 ($410.45/SF) 4.20% Cap Rate

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Investment Highlights

  • Long-term stability with a new 7-year lease extension through April 2032, plus two additional 3-year renewal options.
  • Global credit tenant: Rexel USA, Inc., a leading multinational in electrical distribution, ensures dependable income.
  • Strategic Stuart location near Downtown with excellent logistics access and strong market fundamentals.
  • Absolute triple net lease structure with zero landlord responsibilities—taxes, insurance, and operating costs fully covered by tenant.
  • Predictable cash flow starting at $115,575 annually with 3% annual rent escalations for built-in growth.
  • Turnkey investment with no deferred maintenance and a clean lease structure for true passive ownership.

Executive Summary

Secure long-term income with zero headaches—welcome to 1251 SE Dixie Hwy in Stuart, FL. This 6,700 SF light industrial building is 100% occupied by Rexel USA, Inc., a multinational powerhouse in electrical distribution. Rexel just renewed their commitment with a new 7-year lease extension through April 2032, including two additional 3-year options and 3% annual rent escalations, offering investors both immediate cash flow and reliable future income.
This is a true passive investment, backed by a global tenant and structured as an absolute triple net (NNN) lease. Landlord expenses? None. Rexel covers property taxes, insurance, and all operating costs, leaving you with pure net income. The lease terms deliver predictable returns starting at $115,575 annually, and growing each year, making it a safe haven for capital with better upside than a bond or CD.

Positioned just outside Downtown Stuart, this property benefits from excellent logistics access and a stable, demand-driven market. With no deferred maintenance, a clean lease structure, and a high-quality tenant in place, this asset is ideal for investors seeking long-term, set-it-and-forget-it income with underlying real estate value.

Property Facts

Price $2,750,000
Price Per SF $410.45
Sale Type Investment NNN
Cap Rate 4.20%
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Storefront Retail/Office
  • Industrial Distribution
  • Showroom
Building Class B
Lot Size 0.37 AC
Rentable Building Area 6,700 SF
No. Stories 1
Year Built 1966
Parking Ratio 2.04/1,000 SF
Zoning INDUST - Light Industrial and General Retail. City of Stuart zoning.

Amenities

  • Fenced Lot
  • Security System
  • Signage
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Wholesaler
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Rexel is a global distributor specializing in electrical supplies, automation solutions, and energy management products for commercial, industrial, and residential markets. Founded in 1967 as Compagnie de Distribution de Matériel Électrique, the company has grown into a major player in the electrical distribution sector, offering a wide range of products including wiring supplies, lighting, control systems, and renewable energy solutions. Rexel supports customers with value-added services such as logistics, digital platforms, and energy efficiency consulting. Operating through a network of branches and distribution centers, the company serves contractors, utilities, and large industrial clients across multiple regions. Rexel is publicly traded on Euronext Paris under the ticker symbol RXL and continues to focus on sustainability and digital innovation to meet evolving market demands.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Wholesaler 99,999 SF - Lorem Ipsum Jan 0000
Walk Score®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
09-38-41-000-000-00124-0
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$771,787
  • Listing ID: 35337340

  • Date on Market: 4/1/2025

  • Last Updated:

  • Address: 1251 SE Dixie Cutoff Rd, Stuart, FL 34994

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