Retail Building with High
For Sale
Contact for pricing
725 S US Hwy 1, Fort Pierce, FL 34950
Corner retail building with open floor plan and parking.
Property Size10,434 SF
Price / SF$287.52
Days on Market2147
Property Features for 725 S US Hwy 1
General Information
Standard status
Active
Size
10,434 SF
Property subtype
Retail
Zoning
commercial
Building Details
Year Built
1981
Year Renovated
2010
Buildings
1
Stories
1
Listing Agency:
Realty Hub
Listed By:
Alan Waserstein · License #0438224
(786) 703-1731
Source:
Crexi
Added: Oct 19, 2020
Changed: Aug 27
Last Checked: Aug 31 at 8:59PM
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 Realty Hub
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.**
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$120,294
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,405,880
$2.4M
Cap Rate 7%
$1,718,486
$1.7M
Cap Rate 9%
$1,336,600
$1.3M
Market Conditions
NOI Build-Up for 10,434 SF
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.
Gross rent
$187.8K $18.00/SF
− Vacancy
−$16.0K −$1.53/SF
EGI
$171.8K $16.47/SF
− OpEx
−$51.6K −$4.94/SF
NOI
$120.3K $11.53/SF
Area
St. Lucie County, FL
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,405,880
Cap Rate 7%
$1,718,486
Cap Rate 9%
$1,336,600
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,218
Businesses Nearby
23k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 77%
Home Improvements & Furnishings 23%
McDonald's
Dining
17,753 visits/mo
0.1 miles
East Coast Lumber & Supply
Home Improvements & Furnishings
5,168 visits/mo
0.4 miles
Demographics for 34950, FL
16,582
Population
8,055
Households
2.1
Avg Household Size
37
Median Age
14%
College-Educated
64%
High-School Grad
5.2 sq mi
ZIP Area
3,189
Density / Sq Mi
$32,707
Median Household Income
$29,214
Median Earnings
$1,121
Median Rent
$175,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
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.**
