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Flex Space with Three Warehouse Bays

540 NW MERCANTILE Place, Port St Lucie, FL 34986

For Lease
New
$15 SF/Yr

Separate office suites, a loft, and retractable bay doors support a range of business operations.

Space SizeContact for details
Days on Market4

Property Features for 540 NW MERCANTILE Place

General Information

Standard status Active
Property subtype Commercial

Additional Details

Space Use Warehouse
Warehouse Space 3,000 SF

Taxes and HOA fees

Annual Taxes $41,255

Amenities

Metal Roof
Carpet Flooring
Concrete Flooring
Free Parking
Tile Flooring

Building Details

Year Built 2005
Listing Agency: EXP REALTY LLC
Listed By: LYNN TENNISWOOD-CAMAROTTI · License #B26096344
Source: Corcoran
Added: Nov 4 Changed: Nov 6 Last Checked: Nov 6 at 2:52PM

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 EXP REALTY LLC

Rey
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Investment Insights

Based on property information with market context.

This flex property contains 12,384 square feet, with a main office area, open warehouse, and loft. The office area includes six private offices, two bathrooms, and a break room. Three warehouse bays have retractable doors, and the loft above the offices adds storage space. A separate 1,000-square-foot office suite has its own entrance and bathroom, allowing it to function independently from the main office and warehouse areas.

Built in 2005, the property combines office, warehouse, and storage areas in one commercial facility.

Key Highlights

  • 12,384 square feet total
  • 2,000 square feet of office space with six offices, two bathrooms, and a break room
  • 3,000‑square‑foot open warehouse with three bays and retractable doors

Property Analytics

Current Use

Leader Cheer Gym & Fitness Center

Suggested Use

Top Pick Restaurant Dental Office Real Estate Agency Spa & Massage Center Hair Salon Nail Salon

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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

412
Businesses Nearby
Balanced
Demand for This Use

Demographics for 34986, FL

30,027
Population
14,600
Households
2.1
Avg Household Size
56
Median Age
35%
College-Educated
92%
High-School Grad
18.8 sq mi
ZIP Area
1,597
Density / Sq Mi
$85,842
Median Household Income
$44,182
Median Earnings
$1,600
Median Rent
$368,300
Median Home Value

Market

Lease Benchmarks for Port St Lucie, FL

$15.23 /SF/Yr
Avg Asking Price
$2.9–$27 /SF/Yr
Price Range
8,324 SF
Avg Space Size

This space is priced 2% below the average of $15.23 /SF/Yr.

Average Price Trend$/SF/Yr for Flex space in St. Lucie County, FL

$20.59 Jul
$19.89 Aug
$15.73 Sep
$15.09 Oct

Properties on Market for Flex space in St. Lucie County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Separate office suites, a loft, and retractable bay doors support a range of business operations.
Where is this flex space located?
The property is located at 540 NW MERCANTILE Place Port St Lucie, FL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 12,384 square feet total; 2,000 square feet of office space with six offices, two bathrooms, and a break room; 3,000‑square‑foot open warehouse with three bays and retractable doors
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