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1940 Fountainview Blvd Port St. Lucie, FL 34986

OFF-MARKET Office Spaces Google Maps
10,000 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

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

Verified
Property type Office Spaces
Total area 10,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Association / Organization
  • Real Estate Agency
  • Law Firm
  • General Contractor Construction Company

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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