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Fort Pierce Retail Investment Opportunity
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2061 S US Hwy 1, Fort Pierce, FL 34950

Retail space with long-term lease and high-traffic location.

Property Size3,060 SF
Lot Size0.70 Acres
Price / SF$606.23
Days on Market148

Property Features for 2061 S US Hwy 1

General Information

Standard status Active
Size 3,060 SF
Lot size 0.70 Acres
Property subtype Retail
Zoning Commercial
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $129,852

Building Details

Year Renovated 2026
Tenancy Single
Listing Agency: Matthews
Listed By: Jake Lurie · License #SL3510801
Source: Crexi
Added: Mar 19 Changed: Aug 8 Last Checked: Aug 12 at 12:58PM

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 Matthews

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Restaurant Storage Facility Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

737
Businesses Nearby
283k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 27% Dining 26% Groceries 18% Apparel 12%
Publix Groceries
51,203 visits/mo 0.2 miles
McDonald's Dining
25,097 visits/mo 0.2 miles
Big Lots Superstores
19,014 visits/mo 0.1 miles
Wendy's Dining
15,767 visits/mo 0.1 miles
Bealls Apparel
15,430 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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

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 Hwy 1 Fort Pierce, FL.
What is the asking price?
The asking price for this property is $1,855,057.
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.
(239) 994-9643 Call to check price and availability
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