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Investment Highlights

  • Fully leased to a stable mix of medical and community service tenants, providing immediate and consistent income with no vacancy.
  • 113 on-site parking spaces, delivering an exceptional 7.9 spaces per 1,000 square feet, ideal for medical, healthcare, and other high-visit uses.
  • Substantial traffic counts along US Highway 1, with approximately 57,000 to 70,000 VPD, driving consistent exposure and visibility.
  • Durable concrete block construction with a metal roofing system helps reduce long-term maintenance costs and supports long-term ownership.
  • Limited competing vacancy in the immediate trade area supports strong tenant demand, rent stability, and long-term leasing strength.
  • Prominent frontage along Federal Highway provides high visibility and convenient access along one of the region’s primary commercial corridors.

Executive Summary

3395-3405 NW Federal Highway in Jensen Beach is a fully leased medical and community service center offering stable in-place cash flow with near-term upside. Generating approximately $266,000 in annual base rental income, the property is occupied by five established tenants, including Stuart Urgent Care, Calvary Community Church, North Stuart Physical Therapy, Electrolysis Laser Center, and TCMA Care.

Several tenants are on month-to-month leases at below-market rents, creating an opportunity to enhance returns through renewals or repositioning to market rates. Durable concrete block construction with a metal roof helps limit long-term maintenance exposure, while 113 on-site surface parking spaces, equating to approximately 7.9 spaces per 1,000 square feet, support high-visit medical and service uses and strengthen tenant retention.

The tenant mix is heavily weighted toward medical and wellness users, aligning well with the area’s aging and healthcare-driven demographics. Spanning approximately 288 feet of frontage along NW Federal Highway (US Highway 1), the facility offers excellent visibility and pylon signage exposure in a moderately walkable corridor. Traffic counts along US Highway 1 exceed 50,000 vehicles per day (VPD) within a half-mile of the site, supporting consistent daily exposure and long-term leasing demand.

Situated at a signalized hard corner of US Highway 1 and Jack Williams Way in northern Martin County’s primary commercial corridor, tenants here serve the Jensen Beach, Stuart, and greater Treasure Coast markets. The surrounding trade area is dense and affluent, with an estimated population of approximately 120,000 within a 5-mile radius and median household incomes in the mid-$60,000s, along with positive population growth trends. Retail and service space fundamentals remain tight, with low vacancy rates and market rents supporting future rent growth and strong backfill potential.

Nearby regional retail centers, civic uses, and healthcare services contribute to steady destination and neighborhood traffic throughout the day, reinforcing the property’s long-term appeal as a medical and community-oriented investment.

Financial Summary (Actual - 2024)

Annual Annual Per SF
Gross Rental Income $266,030 $18.65
Other Income - -
Vacancy Loss - -
Effective Gross Income $266,030 $18.65
Taxes $44,318 $3.11
Operating Expenses $24,841 $1.74
Total Expenses $69,159 $4.85
Net Operating Income $196,871 $13.80

Financial Summary (Actual - 2024)

Gross Rental Income
Annual $266,030
Annual Per SF $18.65
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $266,030
Annual Per SF $18.65
Taxes
Annual $44,318
Annual Per SF $3.11
Operating Expenses
Annual $24,841
Annual Per SF $1.74
Total Expenses
Annual $69,159
Annual Per SF $4.85
Net Operating Income
Annual $196,871
Annual Per SF $13.80

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,265 SF
Building Class
B
Year Built/Renovated
1981/2019
Price
$3,000,000
Price Per SF
$210.30
Cap Rate
6.67%
NOI
$200,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
2.94 AC
Zoning
GC - Retail and service: General retail stores, shopping centers, specialty shops, convenience stores, personal services, Auto (subject to pre ap meeting)
Parking
200 Spaces (14.02 Spaces per 1,000 SF Leased)
Frontage
288’ on NW Federal Hwy

Amenities

  • Pylon Sign
  • Signage
  • Monument Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Services
  • -
  • -
  • -

Calvary Community Church is a non-denominational Christian organization based in Jensen Beach, Florida. The church was formally incorporated in 2018, establishing its presence as a local faith-based institution. Its activities center on weekly worship services, community engagement, and ministry programs designed to support individuals and families. The church operates from its permanent facility in Jensen Beach, where it conducts regular services and offers various programs for different age groups. Calvary also maintains an active digital presence to share messages, updates, and service information with its community. The organization functions as a privately held, domestic nonprofit entity. Leadership responsibilities include spiritual guidance, administrative oversight, and organizational management, with designated officers supporting church operations. Although its primary focus is on religious services and community-oriented programs, the church also communicates through social media and other digital platforms to extend its outreach.

  • Services
  • -
  • -
  • -

Electrolysis & Laser Center of the Treasure Coast is a privately held hair-removal practice based in Jensen Beach, Florida. The center was founded in 1987 and focuses on permanent hair removal through electrology and laser-based methods. It offers treatment options designed for various skin types and provides services within a clinical setting collocated inside a local urgent care facility. Over several decades, the center has maintained a consistent presence in the Treasure Coast region, supported by experienced electrologists and long-term clientele. The practice emphasizes techniques aimed at reducing unwanted hair growth and utilizes established laser technologies as part of its service offering. Its operations cater to both men and women seeking structured hair-removal programs tailored to individual needs. While detailed corporate milestones beyond its long operational history are limited, the center’s enduring service record reflects its ongoing role in the region’s personal-care sector.

  • Health Care and Social Assistance
  • -
  • -
  • -

North Stuart Physical Therapy is an outpatient rehabilitation clinic based in Jensen Beach, Florida. The practice was founded in 2004 by physical therapist W. Patrick Magee, who established the clinic as a locally operated provider of rehabilitative care. Its services focus on evidence-based physical therapy treatment aimed at improving mobility, restoring function, and supporting recovery from injury or surgery. The clinic treats a range of musculoskeletal and neuromuscular conditions and incorporates manual therapy, therapeutic exercise, and individualized treatment planning. North Stuart Physical Therapy operates as a privately held organization and maintains accreditation from the American Association for Accreditation of Ambulatory Surgery Facilities, reflecting compliance with recognized healthcare standards. Over the years, the clinic has expanded its role in the region by serving patients from surrounding communities such as Stuart and Port St. Lucie. Its operations include both clinical care and administrative functions overseen by designated leadership personnel. The facility continues to deliver rehabilitation services aligned with professional standards of physical therapy practice.

  • Stuart Urgent Care
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Health Care and Social Assistance
  • -
  • -
  • -

At TCMA Care, the team is dedicated to making high-quality medical care easily accessible and convenient for everyone. With a comprehensive range of services, experienced healthcare providers, and an expanding network of urgent care, primary care, and occupational health locations, their primary goal is to restore well-being and meet all healthcare needs efficiently, while maintaining a compassionate approach.

Tenant Industry SF Occupied Rent/SF Lease End
Services - - -
Services - - -
Health Care and Social Assistance - - -
Stuart Urgent Care Health Care and Social Assistance - - -
Health Care and Social Assistance - - -
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
15 min drive
2025 Population
3,851
46,894
125,545
163,802
2030 Population
4,035
51,686
140,086
183,825
2025-2030 Projected Population Growth
4.8%
10.2%
11.6%
12.2%
Median Age
51.7
49.1
52.8
49.3
College Degree + Higher
41%
30%
29%
17%
Daytime Employees
4,994
17,293
55,718
73,814
Total Businesses
484
2,811
8,289
11,565
Average Household Income
$124,037
$97,136
$96,184
$85,434
Median Household Income
$77,643
$70,029
$70,947
$63,521
Total Consumer Spending
$58.9M
$613.8M
$1.7B
$2B
2025 Households
1,757
20,132
55,594
70,230
Average Home Value
$650,767
$456,139
$467,353
$405,831

Nearby Major Retailers

Chili's Grill & Bar
Buffalo Wild Wings
Chase Bank
Bank of America
Olive Garden
Miller's Ale House
9Round
Starbucks
Steak ‘n Shake
LongHorn Steakhouse

Property Taxes

Property Taxes

Parcel Number
19-37-41-000-000-00050-5
Land Assessment
$1,481,500 (2025)
Improvements Assessment
$1,443,840 (2025)
Total Assessment
$2,925,340 (2025)
Annual Taxes
$44,318 ($3.11/SF)
Tax Year
2024
  • Listing ID: 38703639

  • Date on Market: 12/9/2025

  • Last Updated:

  • Address: 3395-3405 NW Federal Hwy, Jensen Beach, FL 34957

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