Renovated Retail and Office
For Sale
Contact for pricing
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 Market104
Property Features for 2700 NW Federal Highway
General Information
Standard status
Active
Size
5,660 SF
Class
B
Total Parking Spaces
15
Lot size
1.93 Acres
Property subtype
Retail
Zoning
B2
Investment Type
Owner/User
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: Sep 1
Last Checked: Sep 19 at 9:46AM
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.
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
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$104,086
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,081,720
$2.1M
Cap Rate 7%
$1,486,943
$1.5M
Cap Rate 9%
$1,156,511
$1.2M
Market Conditions
NOI Build-Up for 5,660 SF
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.
Gross rent
$152.8K $27.00/SF
− Vacancy
−$4.1K −$0.73/SF
EGI
$148.7K $26.27/SF
− OpEx
−$44.6K −$7.88/SF
NOI
$104.1K $18.39/SF
Area
Martin County, FL
Vacancy
2.70%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,081,720
Cap Rate 7%
$1,486,943
Cap Rate 9%
$1,156,511
Alternative Uses
Best Use
Retail
$1.49M
$1.30M – $1.73M
NOI $104,086 @ 7.0% cap · market cap 2.97%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
55,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
753
Businesses Nearby
816k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 40%
Dining 15%
Shops & Services 15%
Superstores 11%
Target
Superstores
93,779 visits/mo
0.1 miles
Kohl's
Apparel
52,428 visits/mo
0.1 miles
Macy's
Apparel
52,090 visits/mo
0.5 miles
Best Buy
Electronics
41,442 visits/mo
0.3 miles
Regal Cinemas Treasure Coast Mall
Leisure
40,474 visits/mo
0.3 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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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
