1940 Fountainview BlvdPort St. Lucie, FL 34986

Property Details for 1940 Fountainview Blvd

Property size (Sq ft)

10,000 SF

Property type

Office properties

Description

This exceptional investment opportunity presents a brand-new, 10,000-square-foot office building currently under construction in the thriving St. Lucie West area of Port St. Lucie, Florida. The property boasts a prime location with excellent visibility and accessibility, featuring I-95 frontage and stunning lake views. Benefitting from an average daily traffic count of 80,000 vehicles, this location ensures high exposure for tenants. The building is situated within a Planned Unit Development (PUD) zoning. Currently 100% occupied by three high-quality tenants: Morgan and Morgan law firm, Liberty Title Co., and Baron Real Estate, this multi-tenant property operates under a triple-net (NNN) lease structure. The asking price is $5,250,000, representing a compelling $525 per square foot and a 6.00% capitalization rate based on a Net Operating Income (NOI) of $315,000. The single-story building comprises three units, offering a stable and lucrative investment with significant potential for long-term growth. Convenient access to I-95 and the St. Lucie West interchange further enhances its appeal. This is a rare opportunity to acquire a fully leased, high-performing asset in a rapidly developing market. The address is 1940 SW Fountainview Blvd, Port St. Lucie, FL 34986.

Location Insight

City

Port St. Lucie

County

St. Lucie

State

Florida

Latitude

27.3074

Longitude

-80.4111

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