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Property profile & analytics
OFF-MARKET
Drive through restaurants

3025 Prt St Lucie Blvd Port Saint Lucie, FL 34953-3226

2,865 SF 0.73 ac lot Built 2018
Entity Owned 7-yr Hold Free & Clear
Property ID
US18-8351513
Property summary
AI-generated overview

This exceptional investment opportunity presents a 2,201 square foot Zaxby's restaurant located at 3025 SW Port St Lucie Blvd, Port St Lucie, FL 34953. The property is situated on a 0.73-acre lot and operates under an absolute NNN lease with a remaining term of 10 years, including four (5) year renewal options. The lease features 2% annual rent bumps, ensuring consistent income growth. The current asking price is $2,665,000, representing a 6.75% cap rate and a price per square foot of $1,210.81. The property boasts a 100% occupancy rate and generates a strong net operating income (NOI) of $179,984. Benefiting from its location as an outparcel to a Walmart Neighborhood Market and Sympatico Plaza, this Zaxby's enjoys excellent visibility and accessibility from Port St Lucie Blvd, a major retail thoroughfare with high traffic volume. The property benefits from a dedicated turn lane and signalized intersection access. The surrounding area demonstrates significant population growth, making this a compelling investment in a thriving market. The strong tenant, Zaxby's, and the favorable lease terms contribute to the overall attractiveness of this offering. This property is a single-building retail investment with a proven track record of success.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2018
Construction CONCRETE BLOCKS
Total area 2,865 SF
Lot 0.73 ac (31,799 SF)
Zoning code GENERAL CO
APN 4418-703-0001-000-0
UPID US18-8351513
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Port St Lucie Blvd LLC · 7 yrs held
Port St Lucie Blvd LLC
since 2018
2 recorded transactions
2020
Price N/A
2018
$2.5M
Zoning & alternative use
GENERAL CO · Port Saint Lucie, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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