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414 S US Highway 1

1,920 SF Retail Building Fort Pierce, FL 34950 $2,550,028 CAD ($1,328 CAD/SF) 7.34% Cap Rate

Retail Buildings Florida Fort Pierce 414 S US Highway 1, Fort Pierce, FL 34950

Investment Highlights

  • Signalized Corner
  • Fully Paved parking lot

Executive Summary

This location is the gateway to downtown Fort Pierce. Currently operating as a used car lot and open to the public repair/paint shop. This property is currently leased for the next 5 years. Lease started on January 1st, 2024. Lease is $660,000.00 NET over the 1st 5 years with options. Currently used as a used car lot with auto repairs. Please do not enter (broker must accompany) the property or disturb the tenant/employees.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,920 SF
Building Class
B
Year Built/Renovated
2000/2018
Price
$2,550,028 CAD
Price Per SF
$1,328 CAD
Cap Rate
7.34%
NOI
$187,106 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.14 AC
Zoning
General Commercial - General Commercial zoning.
Parking
150 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
178 ft on S US Highway 1

Amenities

  • Fenced Lot
  • Pylon Sign
  • Signage
  • Accent Lighting
  • Storage Space
  • Recessed Lighting
1 of 1
Bike Score ®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

SouthState Bank
Anytime Fitness
ALDI
TD Bank
Jazzercise
Workout Anytime

PROPERTY TAXES

Parcel Number 24-10-701-0166-0008 Improvements Assessment $667,086 CAD
Land Assessment $842,044 CAD Total Assessment $1,509,130 CAD

PROPERTY TAXES

Parcel Number
24-10-701-0166-0008
Land Assessment
$842,044 CAD
Improvements Assessment
$667,086 CAD
Total Assessment
$1,509,130 CAD
(772) 201-2450

Contact

  • Listing ID: 29820546

  • Date on Market: 2023-10-18

  • Last Updated:

  • Address: 414 S US Highway 1, Fort Pierce, FL 34950

The Retail Property at 414 S US Highway 1, Fort Pierce, FL 34950 is currently available for sale. Contact Coldwell Banker Commercial Paradise for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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414 S US Highway 1
(772) 201-2450 x

414 S US Highway 1

Anthony Gambardella

(772) 201-2450

(772) 201-2450

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