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Freestanding Service Building in Port

1601-1607 SE Village Green Dr, Port Saint Lucie, FL

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For Sale

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Freestanding service building occupied by two auto-related tenants.

Type:INDUSTRIAL

Property size:

11,500 SF

Lot size:

1.10 Acres

Price / SF:

$217/SF

HighLights

Fully occupied by two tenants with $16.00/sf NNN leases in place, providing immediate income.
Excellent location in an industrial region of Port St. Lucie, Florida.
Quick accessibility to US‑1 and the Crosstown Parkway extension.
Multiple roll‑up doors for operational flexibility.
Ample parking that wraps around the front and west side of the building, plus additional parking in the back.
Located between Fort Pierce and Jensen Beach.

We can help!

Listing Contact

Mathew Crady

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For Sale

Contact for pricing

Freestanding service building occupied by two auto-related tenants.

Type:INDUSTRIAL

Property size:

11,500 SF

Lot size:

1.10 Acres

Price / SF:

$217/SF

Added:: Jan 25, 2024
Days on Market:: 875
Last Refresh:: May 20 at 8:21 pm

Property Features for 1601-1607 SE Village Green Dr

General Information

Standard status: Active
Size: 11,500 SF
Lot size: 1.10 Acres
Property subtype: INDUSTRIAL

We can help!

Listing Contact

Mathew Crady

Listing agent Mathew Crady License #3319900

Listing office Jeremiah Baron & Co.

Listing date Jan 25, 2024

Source Moodyscre

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.

HighLights

Fully occupied by two tenants with $16.00/sf NNN leases in place, providing immediate income.
Excellent location in an industrial region of Port St. Lucie, Florida.
Quick accessibility to US‑1 and the Crosstown Parkway extension.
Multiple roll‑up doors for operational flexibility.
Ample parking that wraps around the front and west side of the building, plus additional parking in the back.
Located between Fort Pierce and Jensen Beach.

Overview

This freestanding service building is located in an industrial region of Port St. Lucie, Florida. The building is fully occupied by two tenants that provide auto-related services, each with $16.00/sf NNN leases in place. The property features multiple roll-up doors and parking that wraps around the front and west side of the building, with additional parking towards the back. The site is located between Fort Pierce and Jensen Beach and has quick accessibility to US-1 and the Crosstown Parkway extension, which is less than 10 miles away from the I-95 access ramp and Florida’s Turnpike. The property size is 11,500 square feet.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$207.0k	$18.00
− Vacancy	−$17.6k	−$1.53
EGI	$189.4k	$16.47
− OpEx	−$56.8k	−$4.94
NOI	$132.6k	$11.53

11,500 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use

Retail

$1.89M

$1.66M – $2.21M (±1% cap)

NOI $132,584 @ 7.0% cap · market cap 5.30%

Second Best

Industrial

$1.16M

$1.01M – $1.35M (±1% cap)

NOI $81,074 @ 7.0% cap · market cap 3.24%

Theoretical Best

Office A

$2.89M

$2.53M – $3.37M (±1% cap)

NOI $202,446 @ 7.0% cap · market cap 8.10%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Similar Places Nearby

Beauty Cars Body Shop — 1542 SE South Niemeyer Cir, Port St. Lucie, FL 34952
Tropic Diesel Performance — 1774 SE South Niemeyer Cir, Port St. Lucie, FL 34952
Tires Plus — 9526 S U.S. Hwy 1, Port St. Lucie, FL 34952
G&G instant auto — 1320 SE Buckingham Terrace, Port St. Lucie, FL 34952
Hades Motorsports — 1774 SE South Niemeyer Cir, Port St. Lucie, FL 34952

Location Insight

Map
Local Demand

City: Port Saint Lucie
County: St. Lucie
State: Florida
Longitude: -80.3025
Latitude: 27.3062

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For sale
Auto shops
FL
Port Saint Lucie
1601-1607 SE Village Green Dr

What type of property is this?

Auto shop - Freestanding service building occupied by two auto-related tenants.

Where is this auto shop located?

The property is located at 1601-1607 SE Village Green Dr Port Saint Lucie, FL.

What is the asking price?

The asking price for this property is $2,500,000.

What are key features of this property?

This property features: Fully occupied by two tenants with $16.00/sf NNN leases in place, providing immediate income.; Excellent location in an industrial region of Port St. Lucie, Florida.; Quick accessibility to US‑1 and the Crosstown Parkway extension.

1601-1607 SE Village Green Dr, Port Saint Lucie, FL

Freestanding service building occupied by two auto-related tenants.

Property Features for 1601-1607 SE Village Green Dr

General Information

We can help!

HighLights

Overview

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Absolute NNN Auto Service Facility

New 7 Brew Ground Lease

Murphy USA Investment Opportunity

Retail Property on US Hwy 1

Leased Multi-Bay Investment Opportunity

Established Carpet Cleaning Business Opportunity

Retail Property on Port St Lucie

Turnkey Restaurant Opportunity For Sale

Retail Plaza & Gas Station

Port St. Lucie Flex Unit

Port St. Lucie Flex Unit

Retail Property For Sale

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