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    4320 NW Federal Hwy Jensen Beach, FL 34957

    For Sale
    $7,500,000

    Four-tenant retail center anchored by La-Z-Boy in Jensen Beach.

    Property size:
    23,753 SF
    Lot size:
    2.99 Acres

    Property Features for 4320 NW Federal Hwy

    General Information

    Zoning
    General Commercial
    Size
    23,753 SF
    Lot size
    2.99 Acres

    Building Details

    Year built
    2005

    Source: Jordan Wood Agent Jordan Wood

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Jensen Beach Retail Center For Sale

    Westmoreland Plaza is a retail center with four tenants, situated in Jensen Beach, Florida. The property includes two separate buildings. La-Z-Boy serves as the anchor tenant, having completed $750,000 in interior and exterior renovations and extended its long-term lease. Dunkin Donuts has operated at this location since 2005 and recently signed another 5-year option to extend, with additional options to extend its lease term. North Fork Bait and Tackle has been operating at this location since 2014. A new seven-year lease was signed with Palm View Spine & Wellness, a Chiropractic and Wellness Center. The property is situated on 2.99 acres. The total property size is 23,753 square feet. The NNN lease structure and long-term commitment from tenants such as La-Z-Boy provide a stable and predictable income stream.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dunkin' Coffee Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Pineapple Commons, Sunglass Hut, Treasure Coast Commons, Vista Plaza Shopping Center, Allure Design - Leggings / Sunglasses

    Location Insight

    • Map
    • Local Demand
    City
    Jensen Beach
    County
    Martin
    State
    Florida
    Longitude
    -80.2812905
    Latitude
    27.2579443

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    FAQs

    What type of property is this?
    Shopping center - Four-tenant retail center anchored by La-Z-Boy in Jensen Beach.
    Where is this shopping center located?
    The property is located at 4320 NW Federal Hwy Jensen Beach, FL.
    What is the asking price?
    The asking price for this property is $7,500,000.
    What are key features of this property?
    This property features: - La-Z-Boy is the anchor tenant with a long-term lease and recent $750,000 renovation.; - NNN lease structure provides a stable and predictable income stream.; - Dunkin Donuts has been operating at this location since 2005 and recently extended their lease.
    (806) 793-0888
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    4320 NW Federal Hwy Jensen Beach, FL 34957
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4320 NW Federal Hwy Jensen Beach, FL 34957
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