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Renovated Retail and Office Building
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2700 NW Federal Highway, Stuart, FL 34994

Recently renovated building on US-1 offers flexible office, retail, medical, or showroom use with strong highway visibility.

Property Size5,660 SF
Lot Size1.93 Acres
Price / SF$618.37
Days on Market59

Property Features for 2700 NW Federal Highway

General Information

Standard status Active
Size 5,660 SF
Lot size 1.93 Acres
Property subtype Retail

Site & Location

Traffic Count 55,000 vehicles/day
Highway Access Yes

Building Details

Year Built 1952
Year Renovated 2023
Listing Agency: Transworld Commercial Real Estate
Listed By: Alan Kaye · License #FL
Source: Crexi
Added: Jun 8 Changed: Jul 10 Last Checked: Aug 3 at 11:33AM

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 Transworld Commercial Real Estate

Investment Insights

Based on property information with market context.

Ownership has fully renovated the 5,560 square foot building down to the studs in 2023. The property offers a rectangular footprint and a functional commercial layout suitable for a range of uses, including office, retail, medical, showroom, or service-oriented operations. On-site parking supports customer access and day-to-day operations.

The property is located along the US-1 Federal Highway corridor in Stuart, Florida, with reported frontage of 175+/- linear feet and over 55,000 cars passing daily. It sits directly in front of Jensen Beach Mall and Target, and the site has two curb cuts for access and egress. The property also includes efficient ingress and egress and convenient regional connectivity to Downtown Stuart, Palm City, Port St. Lucie, Interstate 95, and Florida’s Turnpike.

With renovated condition and flexible space programming, the building is well-suited for owner-users and investors looking for a commercial asset anchored to a high-visibility corridor fronting established retail. The site’s access features and customer-oriented design support operations that benefit from convenient highway exposure and straightforward site circulation.

Key Highlights

  • 5,560 SF commercial building renovated in 2023 down to the studs (built in 1952)
  • Rectangular 1.934‑acre site on US‑1 (NW Federal Highway) with 175 +/- linear feet of frontage
  • Strong access with two curb cuts and on‑site parking for convenient ingress/egress

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 $152.8k $27.00
− Vacancy −$4.1k −$0.73
EGI $148.7k $26.27
− OpEx −$44.6k −$7.88
NOI $104.1k $18.39
5,660 SF · lease $27.00/SF/yr · vacancy 2.70% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.49M
$1.30M – $1.73M (±1% cap)
NOI $104,086 @ 7.0% cap · market cap 2.97%
Second Best
Healthcare Medical
$1.11M
$968.1K – $1.29M (±1% cap)
NOI $77,449 @ 7.0% cap · market cap 2.21%
Theoretical Best
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Southern Cotton Clothing Store What Lifts You ... Resort Carrabba's Italian Grill Restaurant Miracle Plaza of Stuart Shopping Center & Mall Carside Carry-Out. Restaurant

Suggested Use

Top Pick Auto Repair Shop Law Firm Auto Parts Store Big Box & Wholesale Store Building Supply Storage Facility

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

Lease Details

55,000 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

645
Businesses Nearby

Demographics for 34994, FL

17,843
Population
10,086
Households
1.8
Avg Household Size
51
Median Age
36%
College-Educated
92%
High-School Grad
6.7 sq mi
ZIP Area
2,663
Density / Sq Mi
$62,895
Median Household Income
$33,547
Median Earnings
$1,558
Median Rent
$248,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Recently renovated building on US-1 offers flexible office, retail, medical, or showroom use with strong highway visibility.
Where is this retail space located?
The property is located at 2700 NW Federal Highway Stuart, FL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 5,560 SF commercial building renovated in 2023 down to the studs (built in 1952); Rectangular 1.934‑acre site on US‑1 (NW Federal Highway) with 175 +/- linear feet of frontage; Strong access with two curb cuts and on‑site parking for convenient ingress/egress
More about this property
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