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Prime Shopping Outparcels (Investment Deal) 2670-2860 NW Federal Hwy 119,538 SF 100% Leased Retail Building Jensen Beach, FL 34994 $34,000,000 ($284.43/SF) 6.09% Cap Rate
Executive Summary
One Investment Group is pleased to offer for sale to qualified investors, the opportunity to purchase a fee simple interest in Jensen beach and Kohl's | Sephora located in Jensen Beach, Florida (the “Properties”). These Properties consists of an +/-120,000 square foot freestanding retail building’s, on an 11.92- acre parcel within the primary retail corridor of Jensen Beach / Stuart. Kohl's agreed in July to an early lease extension, signifying their commitment to the location and their strong performance.Jensen Beach Plaza is a high-visibility, daily-needs shopping center anchored by four powerful national brands: Men’s Wearhouse, X-finity Comcast, Panera Bread, and Stanton Optical.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
119,538 SF
Building Class
B
Year Built
2001
Price
$34,000,000
Price Per SF
$284.43
Cap Rate
6.09%
NOI
$2,071,286
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
12.19 AC
Zoning
GC - General Commercial
Parking
532 Spaces (4.45 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $11,214,490 | |
| Land Assessment | $4,484,930 | Total Assessment | $15,699,420 |
Property Taxes
Parcel Numbers
Land Assessment
$4,484,930
Improvements Assessment
$11,214,490
Total Assessment
$15,699,420
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Prime Shopping Outparcels (Investment Deal) | 2670-2860 NW Federal Hwy
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