Retail Space in Port St.
247-295 SW Port St Lucie Blvd Port St Lucie, FL
For Sale
Contact for pricing
Retail space with high visibility and strong tenant mix.
Property Size925 SF
Lot Size9.90 Acres
Price / SF$378.38
Days on Market461
Property Features for 247-295 SW Port St Lucie Blvd
General Information
Standard status
Active
Size
925 SF
Lot size
9.90 Acres
Property subtype
RETAIL
Properties For Sale
at 247-295 SW Port St Lucie Blvd Contact us
Listing Agency:
Jeremiah Baron & Co.
(772) 286-5744
Listed By:
Stephen Peregoy
Source:
Moodyscre
Added: Apr 25, 2025
Changed: Jul 10
Last Checked: Jul 21 at 6:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jeremiah Baron & Co.
Investment Insights
Based on property information with market context.
This retail space is located in a shopping center anchored by a high-performing Winn Dixie store. The center features a mix of national, regional, and local retailers, including Dollar Tree and MetroPCS, indicating tenant stability. The property benefits from high visibility on Port St. Lucie Boulevard, with a daily traffic count exceeding 48,000 vehicles. It offers direct access to the Florida Turnpike, a primary commuter route. The surrounding area has a dense population of over 84,000 residents within a 3-mile radius. The available space measures 925 square feet.
Key Highlights
- Anchored by a high‑performing Winn Dixie store.
- High visibility on Port St. Lucie Blvd from 48,000+ vehicles daily.
- Proven tenant stability with a mix of national, regional, and local retailers.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $16.7k | $18.00 |
| − Vacancy | −$1.4k | −$1.53 |
| EGI | $15.2k | $16.47 |
| − OpEx | −$4.6k | −$4.94 |
| NOI | $10.7k | $11.53 |
925 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$152.3K
$133.3K – $177.7K
NOI $10,664 @ 7.0% cap · market cap 3.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$232.6K
$203.6K – $271.4K
NOI $16,284 @ 7.0% cap · market cap 4.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Shoppes of Victoria Square — 247-295 SW Port St Lucie Blvd, Port St. Lucie, FL 34984
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- Torino Plaza — Port St. Lucie, FL 34984
- Coin Cloud Bitcoin ATM — 464 SW Port St Lucie Blvd, Port St. Lucie, FL 34953
- Sebastian, FLorida — Port St. Lucie, FL 34984
Frequently Asked Questions
What type of property is this?
Shopping center - Retail space with high visibility and strong tenant mix.
Where is this shopping center located?
The property is located at 247-295 SW Port St Lucie Blvd Port St Lucie, FL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Anchored by a high‑performing Winn Dixie store.; High visibility on Port St. Lucie Blvd from 48,000+ vehicles daily.; Proven tenant stability with a mix of national, regional, and local retailers.
