Boutique Shops in Downtown
13-31 SW Osceola St Stuart, FL
For Sale
Contact for pricing
Fully leased boutique shops in historic Downtown Stuart, Florida.
Property Size15,082 SF
Lot Size0.39 Acres
Price / SF$414.40
Days on Market909
Property Features for 13-31 SW Osceola St
General Information
- Standard status
- Active
- Size
- 15,082 SF
- Lot size
- 0.39 Acres
- Property subtype
- RETAIL
Properties For Sale
at 13-31 SW Osceola St Contact us
Listing Agency:
Jeremiah Baron & Co.
(772) 418-4506
Listed By:
Chris Belland · License #3345950
Source:
Moodyscre
Added: Jan 29, 2024
Changed: Jul 10
Last Checked: Jul 21 at 5:51AM
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.
An investment opportunity exists in the heart of historic Downtown Stuart, Florida, featuring a fully leased row of boutique shops. The property includes a total of seven tenants, consisting of clothing shops, restaurants, and cosmetics retailers. The tenants are long-term and established, operating under triple-net leases. Additional income is generated from a parking lot and an existing land lease. The location benefits from high foot traffic, attracting both local residents and tourists. Weekly events in the area further increase traffic flow. The property has a 143 year land lease with the option to purchase. The property size is 15082 square feet.
Key Highlights
- Fully leased row of boutique shops in historic Downtown Stuart.
- Long‑term, triple‑net established tenants.
- Excellent foot traffic from local and out‑of‑town visitors.
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 | $407.2k | $27.00 |
| − Vacancy | −$11.0k | −$0.73 |
| EGI | $396.2k | $26.27 |
| − OpEx | −$118.9k | −$7.88 |
| NOI | $277.4k | $18.39 |
15,082 SF · lease $27.00/SF/yr · vacancy 2.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.96M
$3.47M – $4.62M
NOI $277,353 @ 7.0% cap · market cap 4.44%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Strip malls
FAQs
What type of property is this?
Strip mall - Fully leased boutique shops in historic Downtown Stuart, Florida.
Where is this strip mall located?
The property is located at 13-31 SW Osceola St Stuart, FL.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: Fully leased row of boutique shops in historic Downtown Stuart.; Long‑term, triple‑net established tenants.; Excellent foot traffic from local and out‑of‑town visitors.
