For Sale
$1,400,000

5547 Federal HwyStuart, FL 34997

NNN Wells Fargo Ground Lease, 4,800 SF

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 4,800 square foot, freestanding retail building located at 5547 SE Federal Hwy, Stuart, Florida 34997, in Martin County. The property is currently 100% occupied by Wells Fargo under a triple-net (NNN) ground lease with a corporate guarantee, offering significant security and stability. The lease has eight years remaining, providing a substantial income stream with built-in rent growth. Rent increases of 15% are scheduled every five years, ensuring consistent returns. The building was constructed in 1978 and benefits from Wells Fargo's long-term presence at this location, exceeding 40 years of continuous operation. This represents a rare chance to acquire a well-established, low-maintenance investment with a strong tenant and a proven track record. The asking price is $1,400,000. The property's location in Stuart, Florida offers excellent visibility and accessibility. This is a compelling opportunity for investors seeking a secure, high-yield investment with significant upside potential. The seller is motivated.

Highlights

  • $1,400,000 asking price.
  • 4,800 SF retail building.
  • NNN lease with corporate guarantee (Wells Fargo).
  • 8-year lease term remaining with 15% rent bumps every 5 years.
  • 100% occupancy.
  • Ground lease.

Property Details for 5547 Federal Hwy

Property type
Retail properties
Square Feet
4,800 SF
Year Built
1978

Location Insight

City
Stuart
County
Martin
State
Florida
Latitude
27.1397637
Longitude
-80.210018
5547 Federal Hwy, Stuart, Florida

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5547 Federal Hwy
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