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Seawind Shopping Plaza & Storage 2585-2605 SE Federal Hwy 62,821 SF 89% Leased Retail Building Stuart, FL 34994 $11,900,000 ($189.43/SF) 6.73% Cap Rate
Investment Highlights
- Stabilized investment with 100% occupancy and diverse tenant mix
- High-traffic retail corridor offering long-term growth potential
- Turnkey opportunity ideal for 1031 exchange or passive investors
- Significant capital improvements completed—minimal deferred maintenance
- Multiple income streams from both retail and storage tenants
Executive Summary
Seawind Shopping Center
Total of 62,821 SF consisting of a 50,341 SF shopping center and two 6,240 SF rear storage warehouses
Prime frontage on US-1 with excellent visibility and high traffic counts
Fully occupied by a strong tenant mix including Pet Supermarket, Style Encore, Sergio’s Painting, Patriot Flooring Supplies, and Accurate Tile & Marble Inc.
Recent capital improvements:
Complete roof renovation (2024)
Multiple unit upgrades: new HVAC, plumbing, electrical, and drywall
LED lighting throughout parking lot
Newly installed roll-up door, hurricane-rated windows, and retail doors
Exterior enhancements completed Q2 2025:
Full building repaint
Parking lot seal & stripe
Sidewalk coating, added walkways, and new gutters & downspouts on storage buildings
Property features ample parking, two monument signs, and strong traffic exposure
Storage Warehouses
Two 6,240 SF warehouse buildings located behind the shopping center
Warehouse A: 8 individual bays leased for auto, RV, and general vehicle storage with highly desirable annual leases
Warehouse B: Clear-span layout leased to a long-term tenant with additional fenced yard space included in rent
Total of 62,821 SF consisting of a 50,341 SF shopping center and two 6,240 SF rear storage warehouses
Prime frontage on US-1 with excellent visibility and high traffic counts
Fully occupied by a strong tenant mix including Pet Supermarket, Style Encore, Sergio’s Painting, Patriot Flooring Supplies, and Accurate Tile & Marble Inc.
Recent capital improvements:
Complete roof renovation (2024)
Multiple unit upgrades: new HVAC, plumbing, electrical, and drywall
LED lighting throughout parking lot
Newly installed roll-up door, hurricane-rated windows, and retail doors
Exterior enhancements completed Q2 2025:
Full building repaint
Parking lot seal & stripe
Sidewalk coating, added walkways, and new gutters & downspouts on storage buildings
Property features ample parking, two monument signs, and strong traffic exposure
Storage Warehouses
Two 6,240 SF warehouse buildings located behind the shopping center
Warehouse A: 8 individual bays leased for auto, RV, and general vehicle storage with highly desirable annual leases
Warehouse B: Clear-span layout leased to a long-term tenant with additional fenced yard space included in rent
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
62,821 SF
Building Class
B
Year Built
1972
Price
$11,900,000
Price Per SF
$189.43
Cap Rate
6.73%
NOI
$800,922
Percent Leased
89%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
5.29 AC
Zoning
B-2 - General Business
Parking
62 Spaces (0.99 Spaces per 1,000 SF Leased)
Frontage
300’ on SE Federal Hwy
Amenities
- Bus Line
- Pylon Sign
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Sergios Painting
- -
- -
-
$9.99
-
Lorem Ipsum
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Jan 0000
- Stuart Events
- Services
- -
-
$9.99
-
Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Sergios Painting | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Stuart Events | Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Rate: $22.00/SF + $3.50 NNN Fees to lease 6,629 SF OR $35.00/SF + $3.50 NNN Fees to lease 3,500 SF
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,500-6,629 SF | Retail | End Cap | Now |
1st Floor
| Size |
| 3,500-6,629 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 3,500-6,629 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
Rate: $22.00/SF + $3.50 NNN Fees to lease 6,629 SF OR $35.00/SF + $3.50 NNN Fees to lease 3,500 SF
Nearby Major Retailers
Property Taxes
| Parcel Number | 15-38-41-000-000-00180-4 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $4,931,038 |
Property Taxes
Parcel Number
15-38-41-000-000-00180-4
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,931,038
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Seawind Shopping Plaza & Storage | 2585-2605 SE Federal Hwy
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