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Investment Highlights

  • NOI $65,000.00
  • Located in St. Lucie West
  • Versatile space configuration
  • Turn Key Medical Office
  • Modern interior finishes
  • Easy access to major roads

Executive Summary

Well-located 2,818 SF medical office condo in the heart of St. Lucie West, offered as a sale lease back investment with an established, in-place medical practice. The property will be leased back on a new 5-year term at market rent, providing a 6.5% cap rate with annual rent increases, delivering stable and predictable cash flow from day one. Ideal for investors seeking a low-management medical asset in a strong healthcare corridor with built-in tenancy and proven operations.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 204-205
  • 2,818 SF
  • Office/Medical
  • $1,000,000 ($354.86/SF)
  • $65,000
Sale Type Investment
Cap Rate 6.50%
Description
Well-located 2,818 SF medical office condo in the heart of St. Lucie West, offered as a sale lease back investment with an established, in-place medical practice. The property will be leased back on a new 5-year term at market rent, providing a 6.5% cap rate with annual rent increases, delivering stable and predictable cash flow from day one. Ideal for investors seeking a low-management medical asset in a strong healthcare corridor with built-in tenancy and proven operations.
Unit Unit Size Condo Use Price NOI
Unit 204-205 2,818 SF Office/Medical $1,000,000 ($354.86/SF) $65,000

Unit 204-205

Unit Size
2,818 SF
Condo Use
Office/Medical
Price
$1,000,000 ($354.86/SF)
NOI
$65,000

Unit 204-205

Unit Size 2,818 SF
Condo Use Office/Medical
Price $1,000,000 ($354.86/SF)
NOI $65,000
Sale Type Investment
Cap Rate 6.50%
Description
Well-located 2,818 SF medical office condo in the heart of St. Lucie West, offered as a sale lease back investment with an established, in-place medical practice. The property will be leased back on a new 5-year term at market rent, providing a 6.5% cap rate with annual rent increases, delivering stable and predictable cash flow from day one. Ideal for investors seeking a low-management medical asset in a strong healthcare corridor with built-in tenancy and proven operations.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 15,000 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class B
Floors 2
Typical Floor Size 9,000 SF
Year Built 2007
Lot Size 4.68 AC
Parking Ratio 5.55/1,000 SF
Zoning CG-PSL - General Commercial Zoning District

Amenities

  • Balcony
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100
  • Listing ID: 40319339

  • Date on Market: 4/28/2026

  • Last Updated:

  • Address: 266 NW Peacock Blvd, Port Saint Lucie, FL 34986

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