2061 S Us Highway 1 Fort Pierce, FL 34950
Retail space with long-term lease and high-traffic location.
Property size:
3,060 SFLot size:
0.70 AcresProperty Features for 2061 S Us Highway 1
General Information
- Standard status
- Active
- Zoning
- Commercial
- Size
- 3,060 SF
- Lot size
- 0.70 Acres
Source:
Crexi
Listing Agency: Matthews Listing Agent: Jake Lurie
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Fort Pierce Retail Investment Opportunity
This retail property in Fort Pierce, Florida, features a long-term lease with over 8 years of remaining term and 3% annual rent escalations. The property is leased to Mint Cannabis, an experienced multi-state operator with 30+ dispensaries across six states, which expanded into Florida in 2024. The lease contains no tenant renewal options. Situated on a ±10.70-acre lot, the property offers ample on-site parking and potential future redevelopment or expansion opportunities. It is strategically positioned along U.S. Route 1, benefiting from high visibility with ±30,500+ vehicles per day. The property is an outparcel to Gateway Plaza, anchored by Harbor Freight, Ross, Rack Room Shoes, Burlington, and Planet Fitness, and is directly adjacent to Wawa, a newly developed Starbucks, and Chase Bank. The surrounding trade area is experiencing significant residential expansion, with households within a 5-mile radius projected to grow approximately 8.19% annually through 2029. The property size is 3060 square feet.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Fort Pierce
- County
- St. Lucie
- State
- Florida
- Longitude
- -80.327542
- Latitude
- 27.426247
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FAQs
What type of property is this?
Retail space - Retail space with long-term lease and high-traffic location.
Where is this retail space located?
The property is located at 2061 S Us Highway 1 Fort Pierce, FL.
What are key features of this property?
This property features: - Long-Term Triple-Net (NNN) Lease: Over 8 years remaining with 3% annual rent increases.; - Experienced Multi-State Operator: Leased to Mint Cannabis, a well-established operator with 30+ dispensaries.; - **Prime U.S. 1 Visibility:** High traffic location with ±30,500+ vehicles per day.
