3025 Prt St Lucie Blvd Port Saint Lucie, FL 34953-3226
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
GENERAL CO · Port Saint Lucie, FLPort Saint Lucie. Always verify with local authorities before improvements.
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.