Commercial property in St. Lucie, Florida № 1770408

Property description

Mixed-use & multi-parcel commercial portfolio in the heart of Fort Pierce. The 3 individual properties (4 folios) provides a Buyer with an opportunity to own prime real estate along the bustling US 1 corridor in Fort Pierce. Future development potential, while enjoying the existing cash flow streams generated by a single-tenant NNN Lease with a national retail brand and a residential triplex building. The portfolio also includes a vacant developable lot located across the street which is composed of 23,320 SF (0.54 acres) and is zoned C3 – General Commercial. Plans exist for a future 4,000 SF industrial warehouse/storage building. To accommodate potential future development, the lot already features a full array of underground utilities and new sidewalks. Offering Memorandum attached.