250 Peacock Blvd Port Saint Lucie, FL 34986-2205

This exceptional investment opportunity presents a fee-simple ownership of a 25,000-square-foot Class A fitness center in Port St. Lucie, Florida. Located at 250 NW Peacock Blvd (APN 3326-685-0001-000-2), this single-story building, constructed in 2004 and extensively renovated in 2022, boasts a 100% occupancy rate under a Net Lease (NNN) agreement. The current lease expires August 31, 2027, with three 5-year options at 3% annual rent bumps, providing excellent inflation protection. The property generates a substantial Net Operating Income (NOI) of $342,498, yielding an attractive 8.50% cap rate at an asking price of $4,029,000 ($161.16/sq ft). The tenant, operating successfully for over 20 years, recently completed a $2,000,000 renovation, ensuring state-of-the-art facilities. Situated on a 2.89-acre lot in a high-growth area (Port St. Lucie is ranked among the fastest-growing cities in the US), the property benefits from a dense retail corridor including major national brands like Walmart, AMC Theatres, and numerous restaurants. The surrounding area boasts a high average household income and significant consumer spending, making this a compelling investment with strong long-term potential. The property is zoned for General Commercial use.