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9202 S US Highway 1
Port Saint Lucie, FL 34952
Perkins Restaurant · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Passive Investment Opportunity: Absolute NNN lease with zero landlord responsibilities
- 6,015 SF Freestanding Building on 1.19 Acres - Ideal footprint for single tenant occupancy
- Prime Outparcel Positioning: Situated within a 112,000 SF Publixanchored shopping center
- Attractive Rental Escalations: Rent Escalations during the initial term and option periods
- High-Traffic Location: Located at the intersection of S. Federal Hwy and SE Veterans Memorial Pkwy, with a combined traffic count of ±57,000 vehicles
- Affluent Trade Area: Average household income of $76,981 within a 5-mile radius
EXECUTIVE SUMMARY
Passive Investment Opportunity: Absolute NNN lease with zero landlord responsibilities
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
55,348 SF
Building Class
B
Year Built/Renovated
1990/1995
Price
$1,722,088
Price Per SF
$31.11
Cap Rate
6%
NOI
$103,325
Tenancy
Single
Building Height
1 Story
Building FAR
1.07
Lot Size
1.19 AC
Zoning
GC - General Commercial District
Parking
250 Spaces (5.13 Spaces per 1,000 SF Leased)
Frontage
200’ on US Highway 1
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 34-20-835-0001-0402 | Improvements Assessment | $404,200 |
| Land Assessment | $854,700 | Total Assessment | $1,258,900 |
PROPERTY TAXES
Parcel Number
34-20-835-0001-0402
Land Assessment
$854,700
Improvements Assessment
$404,200
Total Assessment
$1,258,900
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