1690 SE Walton Rd | Port Saint Lucie, FL 34952
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1690 SE Walton Rd
Port Saint Lucie, FL 34952
Retail Property For Sale
Investment Highlights
- Recently Renovated 7-Eleven Ground Leased Asset: Unit Renovated in 2019 with Over 20,000 Vehicles Passing Daily at a Signalized Intersection
- Rare, Low-Rent Unit Providing Maximum Security: Lease Features One of the Lowest Rents in the State of Florida Bolstering Security
- Coveted South FL Real Estate in Income Tax Free State: Over 127,000 People Living in a 5-Mile Radius with 3% Growth Projected in that Area by 2026
- Lease Extended in 2022 Providing Ideal 1031 Opportunity: 7-Eleven Exercised Two Option Early in 2022 Providing 12 Years of Firm Lease Term
- Area Secured by Multiple Anchors and Major Retailers: Activity Generators Include HCA Florida St. Lucie Hospital and East Port Plaza, Among Others
- Ironclad 7-Eleven Corporate Guarantee: Lease Corporately Guaranteed by 7-Eleven Offering an Asset Backed by the Best Credit in the NNN Market
Property Facts
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,941 SF
Building Class
B
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
2.06 AC
Zoning
GENERAL CO
Parking
10 Spaces (3.4 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 34-20-805-0014-0001 | Improvements Assessment | $729,500 |
| Land Assessment | $841,300 | Total Assessment | $1,570,800 |
Property Taxes
Parcel Number
34-20-805-0014-0001
Land Assessment
$841,300
Improvements Assessment
$729,500
Total Assessment
$1,570,800
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