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Seawind Shopping Plaza & Storage 2585-2605 SE Federal Hwy 62,821 SF 100% 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
100%
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
-
Jan 0000
- Stuart Events
- Services
- -
-
$9.99
-
Lorem Ipsum
-
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 |
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
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Seawind Shopping Plaza & Storage | 2585-2605 SE Federal Hwy
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