Sprinklered Industrial
601 NW Mercantile Pl Port St Lucie, FL 34986
601 NW Mercantile Pl, Port St Lucie, FL, 34986
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For Sale
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Single-tenant 2006-built warehouse with up to 30-foot clear height and two grade-level docks.
Property Size40,000 SF
Lot Size2.20 Acres
Days on Market104
Property Features for 601 NW Mercantile Pl
General Information
- Standard status
- Active
- Size
- 40,000 SF
- Lot size
- 2.20 Acres
- Property subtype
- Industrial
Listing agency
Marcus & Millichap - Fort Lauderdale
(954) 245-3465
Listed by
Douglas Mandel · License #FL SL3090637
Source
Crexi
Added: Apr 11 Updated: Jul 22 at 6:59AM Checked: Jul 22 at 6:59AM
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Investment Insights
Based on property information with market context.
PODS Port St. Lucie is an approximately 40,000-square-foot, single-tenant industrial/office warehouse facility built in 2006. The building offers clear heights up to 30 feet and is completely sprinklered. It includes two grade-level loading docks and steel-frame construction with a steel-trussed metal roof. A 464-square-foot, climate-controlled office is included within the facility, and the property sits on approximately 2.2 acres of land for outdoor storage.
The facility is described as an I-95 fronting property located in Port St. Lucie, just north of St. Lucie W Blvd on NW Mercantile Place, and is stated to be less than eight miles from the Florida Turnpike entrance for access throughout St. Lucie County. Advisor remarks also note proximity to the Town Center at St. Lucie West shopping center, which features retailers and venues including Walmart, Bealls, Ross, Party City, Petco, Staples, Guitar Center, and AMC Theatre.
PODS has been operating at the site since 2016, and the lease is described as having two five-year options remaining. Remarks further cite comparable submarket vacancy around four percent in the first quarter of 2023 and note the lease structure includes in-place rents stated to be 75–100 percent below market.
The facility is described as an I-95 fronting property located in Port St. Lucie, just north of St. Lucie W Blvd on NW Mercantile Place, and is stated to be less than eight miles from the Florida Turnpike entrance for access throughout St. Lucie County. Advisor remarks also note proximity to the Town Center at St. Lucie West shopping center, which features retailers and venues including Walmart, Bealls, Ross, Party City, Petco, Staples, Guitar Center, and AMC Theatre.
PODS has been operating at the site since 2016, and the lease is described as having two five-year options remaining. Remarks further cite comparable submarket vacancy around four percent in the first quarter of 2023 and note the lease structure includes in-place rents stated to be 75–100 percent below market.
Key Highlights
- Approximately 40,000 SF single‑tenant industrial/office warehouse built in 2006 in Port St. Lucie, FL
- Up to 30‑foot clear height with a completely sprinklered facility
- Two grade‑level loading docks for efficient loading and unloading
Property Analytics
Location Intelligence
Current Use by Public Records
PODS Moving & Storage
Moving Company
Similar For Sale Nearby
Similar Off Market Nearby
- Tamco Warehouses — 404 NW Enterprise Dr, Port St. Lucie, FL 34986
- Luxe Covered RV & Boat Storage — 2050 Commerce Lakes Dr, Port St. Lucie, FL 34986
- CubeSmart Self Storage — 2171 Reserve Park Trce, Port St. Lucie, FL 34986
FAQs
What type of property is this?
Warehouse - Single-tenant 2006-built warehouse with up to 30-foot clear height and two grade-level docks.
Where is this warehouse located?
The property is located at 601 NW Mercantile Pl Port St Lucie, FL.
What are key features of this property?
This property features: Approximately 40,000 SF single‑tenant industrial/office warehouse built in 2006 in Port St. Lucie, FL; Up to 30‑foot clear height with a completely sprinklered facility; Two grade‑level loading docks for efficient loading and unloading