Retail Building with High
725 S US Hwy 1 Fort Pierce, FL 34950
725 S US Hwy 1, Fort Pierce, FL, 34950
Contact for pricing
For Sale
Contact for pricing
Corner retail building with open floor plan and parking.
Property Size10,434 SF
Price / SF$287.52
Days on Market2101
Property Features for 725 S US Hwy 1
General Information
- Standard status
- Active
- Size
- 10,434 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1981
Listing Agency
Realty Hub
(786) 703-1731
Listed by
Alan Waserstein · License #0438224
Source
Crexi
Added: Oct 19, 2020 Checked: Jul 20 at 4:41 am
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Investment Insights
Based on property information with market context.
This corner retail building offers significant exposure and was recently occupied by a family dollar store. The property features an open floor plan with high ceilings and is reported to be in good condition. It provides 10,000 square feet of retail space and includes over 50 parking spaces, along with a large area suitable for 18-wheeler deliveries. The location benefits from high visibility and substantial traffic. The property is now vacant and suitable for various uses, including office or retail. The property size is 10,434 square feet.
Key Highlights
- High‑visibility corner location with significant traffic.
- Large parking area (50+ spaces) and 18‑wheeler delivery access.
- 10,000 sq ft of open retail space with high ceilings.
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 | $187.8k | $18.00 |
| − Vacancy | −$16.0k | −$1.53 |
| EGI | $171.8k | $16.47 |
| − OpEx | −$51.6k | −$4.94 |
| NOI | $120.3k | $11.53 |
10,434 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.72M
$1.50M – $2.00M
NOI $120,294 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.62M
$2.30M – $3.06M
NOI $183,680 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Whole Family Health ...
Pharmacy
Laura Graze
Physician
Juliana Elliott
Physician
Claudette Johns
Physician
Maureen Storey
Physician
Similar For Sale Nearby
Similar Off Market Nearby
- Chaney's Art of Flowers & Beautifications — 139 N 2nd St, Fort Pierce, FL 34950
- Flowers Susan Washington — 1524 Ave D, Fort Pierce, FL 34950
FAQs
What type of property is this?
Storefront property - Corner retail building with open floor plan and parking.
Where is this storefront property located?
The property is located at 725 S US Hwy 1 Fort Pierce, FL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: High‑visibility corner location with significant traffic.; Large parking area (50+ spaces) and 18‑wheeler delivery access.; **10,000 sq ft of open retail space with high ceilings.**
