Fort Pierce Retail Investment
2061 S US Hwy 1 Fort Pierce, FL 34950
For Sale
Contact for pricing
Retail space with long-term lease and high-traffic location.
Property Size3,060 SF
Lot Size0.70 Acres
Price / SF$606.23
Days on Market134
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
Listing Agency:
Matthews
(239) 994-9643
Listed By:
Jake Lurie · License #SL3510801
Source:
Crexi
Added: Mar 19
Changed: Jul 10
Last Checked: Jul 30 at 4:13AM
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
Property Profile
Location Intelligence
Current Use
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.
