Property summary
This exceptional investment opportunity presents a brand-new, 10,000-square-foot office building currently under construction in the thriving St. Lucie West area of Port St. Lucie, Florida. The property boasts a prime location with excellent visibility and accessibility, featuring I-95 frontage and stunning lake views. Benefitting from an average daily traffic count of 80,000 vehicles, this location ensures high exposure for tenants. The building is situated within a Planned Unit Development (PUD) zoning. Currently 100% occupied by three high-quality tenants: Morgan and Morgan law firm, Liberty Title Co., and Baron Real Estate, this multi-tenant property operates under a triple-net (NNN) lease structure. The asking price is $5,250,000, representing a compelling $525 per square foot and a 6.00% capitalization rate based on a Net Operating Income (NOI) of $315,000. The single-story building comprises three units, offering a stable and lucrative investment with significant potential for long-term growth. Convenient access to I-95 and the St. Lucie West interchange further enhances its appeal. This is a rare opportunity to acquire a fully leased, high-performing asset in a rapidly developing market. The address is 1940 SW Fountainview Blvd, Port St. Lucie, FL 34986.
Property profile
VerifiedCap rate & NOI
Current use
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Real Estate Agency
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Association / Organization
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Real Estate Agency
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Law Firm
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General Contractor Construction Company
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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