3544 Federal Hwy Jensen Beach, FL 34957-4424
This exceptional 1.94-acre outparcel, located at 3544 NW Federal Hwy in Jensen Beach, Florida (zip code 34957), presents a prime retail opportunity. The property boasts a 9,417 square foot, single-story building, formerly a Red Lobster restaurant, built in 1989 and renovated in 2013. The building sits on an 84,506 square foot lot and features 109 parking spaces. Its Class B designation reflects its well-maintained condition. The property enjoys a highly visible location on NW Federal Highway, with daily traffic counts exceeding 47,500 vehicles. Its proximity to Treasure Coast Square Mall, a dominant regional shopping center anchored by Macy's, JCPenny, and Dillard's, further enhances its appeal. The mall itself encompasses over 876,000 square feet and houses 115 retailers. This location benefits from its proximity to Jensen Beach High School and less than four miles from the beach. The property's PUD-C zoning allows for a variety of uses, including restaurants, sporting goods stores, banks, veterinary clinics, medical facilities, showrooms, family entertainment centers, specialty food stores, gyms, and co-working spaces. The property's APN is 19-37-41-005-004-00020-9. The building has a FAR of .11. This is a truly exceptional opportunity for a business seeking high visibility and strong foot traffic in a thriving retail environment.
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
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Property description
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