8545-8599 Hwy Port St. Lucie, FL 34952
This exceptional 42,000 square foot shopping center in Port St. Lucie, Florida, presents a compelling value-add investment opportunity. Located on a 4.5-acre lot at the hard corner of US Highway 1 and Savannah, this property boasts a prime location in a rapidly growing area. The center currently enjoys 100% occupancy with 13 tenants under gross lease agreements, generating a strong net operating income (NOI) of $219,962 and a 3.23% capitalization rate. The asking price is $6,500,000, translating to $154.76 per square foot. The property is zoned for general commercial use, offering flexibility for future development or expansion. With its high occupancy rate, strong NOI, and excellent location in booming Port St. Lucie, this retail center represents a significant opportunity for investors seeking a stable, high-performing asset with considerable upside potential. The property's expansive size and strategic location on a major highway provide exceptional visibility and accessibility. This is a rare opportunity to acquire a well-established retail center in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.