1500 N Courtyard Cir
Port Saint Lucie, FL 34986
Retail Property For Sale
Investment Highlights
- Triple Net Lease w/ No Landlord Responsibilities
- Immediate Access to Interstate-95
- Adjacent to Town Center at St Lucie, a 510,000 Square Foot Power Center
- Over Four Years Left on Current Term w/ (2) Five-Year Options Remaining
- Abundant Parking Field of 12.5 Spaces per 1,000 Square Feet
Property Facts
Amenities
- Corner Lot
- Restaurant
- Signalized Intersection
About 1500 N COURTYARD CIR , PORT SAINT LUCIE, FL 34986
Marcus & Millichap, as exclusive advisor, is pleased to present for sale Ruby Tuesday (the “Property”), a single-tenant restaurant located in Port Saint Lucie, Florida. Ruby Tuesday commenced the lease of the Property in 1999 and just renewed the term of the lease for an additional five-year period; with two, five-year options to extend the lease remaining. The Property is located just northeast of the intersection of Interstate 95 and St. Lucie West Boulevard, which has a daily traffic count of approximately 30,000 vehicles per day (VPD). The restaurant was constructed in 2000 on a 1.3-acre parcel with a parking ratio of 12.5 spaces per 1,000 square feet. Ruby Tuesday is situated just south of the St Lucie Sports Complex, the spring training facility for the New York Mets. Additionally, the Property is adjacent to the Town Center at St. Lucie West, a 518,000-square-foot power center. The immediate vicinity has an abundance of national retails including Walmart Supercenter, Stein Mart, Walgreens, Ross Dress For Less, AMC Movie Theater, Duffy’s Sports Grill and Starbucks.
Property Taxes
| Parcel Number | 33-23-923-0003-0006 | Improvements Assessment | $919,656 |
| Land Assessment | $1,456,578 | Total Assessment | $2,376,234 |
Property Taxes
