914 SW Gatlin Boulevard, Port St Lucie, FL 34953
For-sale smoke shop with included inventory and a lease term ending April 30, 2028.
- Added:
- Sep 16, 2025
- Days on Market:
- 286
- Last Refresh:
- Jun 24 at 2:45 am
Property Features for 914 SW Gatlin Boulevard
General Information
- Standard status
- Active
- Size
- 1,050 SF
- Property subtype
- Business for Sale
Building Details
- Year Built
- 2004
Listing office Divito Real Estate Group
Listing date Sep 16, 2025
Source Crexi
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 Divito Real Estate Group
HighLights
- Smoke shop for sale with full inventory included with the sale
- Lease term ends April 30, 2028
- Business operating under the current LLC for 3 years; previously operated as a smoke shop for 10+ years
- Year built: 2004
Overview
The property is located at 914 SW Gatlin Boulevard in Port St. Lucie, Florida. The current lease term runs through April 30, 2028, which is an important planning detail for prospective buyers evaluating timing for occupancy and operations.
This configuration may fit an investor-buyer or an end-user seeking a ready-to-operate smoke shop retail concept where inventory is conveyed with the sale. Because the offering is tied to an existing lease with a known end date, it supports straightforward transition planning for the next phase of operations. Interested parties can review the lease timing and inventory included terms as part of their purchase decision.
Local 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 | $18.9k | $18.00 |
| − Vacancy | −$1.6k | −$1.53 |
| EGI | $17.3k | $16.47 |
| − OpEx | −$5.2k | −$4.94 |
| NOI | $12.1k | $11.53 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Port St Lucie
- County
- St. Lucie
- State
- Florida
- Longitude
- -80.3762943
- Latitude
- 27.2582328