For Sale
$1,400,000

5547 Federal Hwy Stuart, FL 34997

NNN Wells Fargo Ground Lease, 4,800 SF

Overview

Added:
Dec 11, 2024
Days on market:
136
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

FAQs

What type of property is this?
Retail property - NNN Wells Fargo Ground Lease, 4,800 SF
Where is the retail property located?
The property is located at 5547 Federal Hwy Stuart, FL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: $1,400,000 asking price.; 4,800 SF retail building.; NNN lease with corporate guarantee (Wells Fargo).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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5547 Federal Hwy
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