4050 Federal Hwy Jensen Beach, FL 34957
- Turn key restaurants
- 6,470 SF
- 0.27 lot acres
Current Use by Public Records
- Red Crab - Juicy Seafood / Seafood Restaurant
- Siro Holding / Holding Company
Property Details for 4050 Federal Hwy
- Year built
- 2003
- Lot size
- 0.27 lot acres
- Property size
- 6,470 SF
- Property type
- Turn key restaurants
- APN
- 18-37-41-004-003-00022-0
- APU
- 183741004003000220
Description
This exceptional investment opportunity presents a 6,548-square-foot, free-standing restaurant building located at 4050 NW Federal Hwy, Jensen Beach, Florida 34957. The property boasts a strong 5.11% cap rate and a substantial net operating income (NOI) of $107,210. Currently operating under a triple-net (NNN) lease with a successful franchisee, the lease commenced June 1, 2020, and has a remaining term of 5.5 years, with five additional 1-year renewal options, extending the lease to June 1, 2035. The building, constructed in 2003, is a single-story Class B structure situated on a PUD-zoned lot and includes 86 parking spaces. The asking price is $2,100,000, translating to a price per square foot of $320.71. The property enjoys 100% occupancy and is a prime location on Federal Highway in Jensen Beach, Martin County. This is a rare opportunity to acquire a stable, high-performing net-leased restaurant investment with significant long-term potential. The property's strong tenant, favorable lease terms, and prime location make it an attractive addition to any investment portfolio.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jensen Beach
- County
- Martin
- State
- Florida
- Longitude
- -80.2783
- Latitude
- 27.2527
- CBSA code
- 38940
- CBSA name
- PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA
