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3395-3405 NW Federal Hwy 14,265 SF 100% Leased Retail Building Jensen Beach, FL 34957 $3,000,000 ($210.30/SF) 6.67% Cap Rate



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
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
Amenities
- Pylon Sign
- Signage
- Monument Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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.
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.
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
- -
- -
- -
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 | - | - | - |
Demographics
Demographics
Nearby Major Retailers
Property Taxes
| Parcel Number | 19-37-41-000-000-00050-5 | Total Assessment | $2,925,340 (2025) |
| Land Assessment | $1,481,500 (2025) | Annual Taxes | $44,318 ($3.11/SF) |
| Improvements Assessment | $1,443,840 (2025) | Tax Year | 2024 |
Property Taxes
Presented by
3395-3405 NW Federal Hwy
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