Retail Storefront with Ample
1529 Avenue D, Fort Pierce, FL 34950
For Sale
$899,000
Versatile storefront retail space with expansive glazing, open layout, and practical back-of-house areas for customer-facing operations.
Property Size4,788 SF
Days on Market145
Property Features for 1529 Avenue D
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
Vaaler Commercial Real Estate
Listed By:
Rich Vaaler · License #0225198687
(703) 431-4513
Source:
Vaaler
Added: Jun 16
Changed: Oct 25
Last Checked: Nov 6 at 7:51AM
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 Vaaler Commercial Real Estate
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Investment Insights
Based on property information with market context.
This retail storefront offers a welcoming, high-visibility configuration with expansive glazing and a refined façade. The interior features an open layout that can accommodate a range of tenant improvement approaches, supported by back-of-house areas including restrooms and storage. Durable finishes are included to support low-maintenance ownership.
Located at 1529 Avenue D in Fort Pierce, the property is set up for convenient customer access, with ample parking and clear entry points designed to support walk-in traffic and day-to-day retail operations.
The space is well suited for retailers or service-based concepts that benefit from prominent storefront presence and an adaptable interior. With open merchandising area supported by practical back-of-house components, the property can work for businesses looking to configure the main floor for product display while keeping restrooms and storage readily available for staff and customers.
Located at 1529 Avenue D in Fort Pierce, the property is set up for convenient customer access, with ample parking and clear entry points designed to support walk-in traffic and day-to-day retail operations.
The space is well suited for retailers or service-based concepts that benefit from prominent storefront presence and an adaptable interior. With open merchandising area supported by practical back-of-house components, the property can work for businesses looking to configure the main floor for product display while keeping restrooms and storage readily available for staff and customers.
Key Highlights
- Retail storefront built in 1990 in Fort Pierce
- Versatile storefront with expansive glazing and a refined façade
- Open interior layout adaptable for a range of tenant improvements
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,201
Cap Rate
6.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,104,020
$1.1M
Cap Rate 7%
$788,586
$788.6K
Cap Rate 9%
$613,344
$613.3K
Market Conditions
NOI Build-Up for 4,788 SF
Gross rent
$86.2K $18.00/SF
− Vacancy
−$7.3K −$1.53/SF
EGI
$78.9K $16.47/SF
− OpEx
−$23.7K −$4.94/SF
NOI
$55.2K $11.53/SF
Area
St. Lucie County, FL
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,104,020
Cap Rate 7%
$788,586
Cap Rate 9%
$613,344
Alternative Uses
Best Use
Retail
$788.6K
$690.0K – $920.0K
NOI $55,201 @ 7.0% cap · market cap 6.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $84,288 @ 7.0% cap · market cap 9.38%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
567
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 82%
Electronics 18%
Family Dollar
Shops & Services
8,055 visits/mo
0.3 miles
Boost Mobile
Electronics
890 visits/mo
0.4 miles
Boost Mobile
Electronics
829 visits/mo
0.1 miles
Demographics for 34950, FL
16,582
Population
8,055
Households
2.1
Avg Household Size
37
Median Age
14%
College-Educated
64%
High-School Grad
5.2 sq mi
ZIP Area
3,189
Density / Sq Mi
$32,707
Median Household Income
$29,214
Median Earnings
$1,121
Median Rent
$175,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Fort Pierce, FL
Properties on Market for Storefront properties in Fort Pierce
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Flowers Susan Washington — 1524 Ave D, Fort Pierce, FL 34950
Frequently Asked Questions
What type of property is this?
Storefront property - Versatile storefront retail space with expansive glazing, open layout, and practical back-of-house areas for customer-facing operations.
Where is this storefront property located?
The property is located at 1529 Avenue D Fort Pierce, FL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Retail storefront built in 1990 in Fort Pierce; Versatile storefront with expansive glazing and a refined façade; Open interior layout adaptable for a range of tenant improvements
