Multi-Tenant Flex
For Sale
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3130 Southeast Gran Park Way, Stuart, FL 34997
CBS office warehouse project with short-term leases and a mix of current occupancy and future owner-user flexibility.
Property Size9,930 SF
Price / SF$301.61
Days on Market98
Property Features for 3130 Southeast Gran Park Way
General Information
Standard status
Active
Size
9,930 SF
Class
C
Property subtype
Office, Industrial
Zoning
4800 - Warehouse Distribution
Occupancy
100%
Net Operating Income
$119,540
Additional Details
Highway Access
Yes
Building Details
Year Built
1999
Buildings
1
Stories
2
Tenancy
Multi
Construction
CBS
Listing Agency:
Reichel Realty & Investments Inc
Listed By:
William Reichel · License #FL
(561) 478-4440
Source:
Crexi
Added: Jul 29
Changed: Oct 26
Last Checked: Nov 3 at 4:57AM
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 Reichel Realty & Investments Inc
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Investment Insights
Based on property information with market context.
Built in 1999, this 9,930-square-foot CBS flex property combines office and warehouse space in a multi-tenant configuration. The project includes five tenants and is fully leased, with short-term leases that may accommodate a future owner-user strategy. The property is identified for warehouse distribution use under zoning designation 4800.
Located in Stuart’s Marine District in South Stuart, the project sits one block from US Highway One and approximately 10 minutes from Interstate 95. Its position within an established industrial park provides direct access to major regional routes while supporting a blend of office and warehouse functions.
Located in Stuart’s Marine District in South Stuart, the project sits one block from US Highway One and approximately 10 minutes from Interstate 95. Its position within an established industrial park provides direct access to major regional routes while supporting a blend of office and warehouse functions.
Key Highlights
- 9,930 SF CBS multi‑tenant office warehouse project
- Five tenants with 100% leased occupancy
- Short‑term leases may support future owner‑user use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$160,631
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,212,620
$3.2M
Cap Rate 7%
$2,294,729
$2.3M
Cap Rate 9%
$1,784,789
$1.8M
Market Conditions
NOI Build-Up for 9,930 SF
Gross rent
$200.2K $20.16/SF
− Vacancy
−$11.2K −$1.13/SF
EGI
$189.0K $19.03/SF
− OpEx
−$28.3K −$2.85/SF
NOI
$160.6K $16.18/SF
Area
Martin County, FL
Vacancy
5.60%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,212,620
Cap Rate 7%
$2,294,729
Cap Rate 9%
$1,784,789
Alternative Uses
Best Use
Warehouse
$2.29M
$2.01M – $2.68M
NOI $160,631 @ 7.0% cap · market cap 5.36%
Second Best
Industrial
$1.89M
$1.65M – $2.20M
NOI $132,285 @ 7.0% cap · market cap 4.42%
Theoretical Best
Retail
$2.61M
$2.28M – $3.04M
NOI $182,610 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
918
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34997, FL
44,000
Population
22,192
Households
2
Avg Household Size
52
Median Age
30%
College-Educated
92%
High-School Grad
90.7 sq mi
ZIP Area
485
Density / Sq Mi
$75,705
Median Household Income
$37,381
Median Earnings
$1,520
Median Rent
$335,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - CBS office warehouse project with short-term leases and a mix of current occupancy and future owner-user flexibility.
Where is this flex space located?
The property is located at 3130 Southeast Gran Park Way Stuart, FL.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: 9,930 SF CBS multi‑tenant office warehouse project; Five tenants with 100% leased occupancy; Short‑term leases may support future owner‑user use
