- PRICE: $2,067,000
- CAP RATE: 6.00%
- NOI: $124,000
- RENTABLE SQFT: 2,500
- YEAR BUILT: 2017
- LOT SIZE: 1.00 +/- Acres
- LEASE TYPE: NN
- TYPE OF OWNERSHIP: Fee Simple
INVESTMENT HIGHLIGHTS
- 10-Year Lease with 10% Increases Every 5 Years
- Corporate Guaranty from Cellular Sales of Knoxville, Largest Verizon Wireless Franchisee in the U.S. with 600+ Locations
- Brand New 2017 Construction
- 138,402 Residents in Trade Area, One of the Fastest Growing Cities in Florida
- Population Projected to Increase Over 20% by 2021
- Average Household Income Exceeds $80,000 in 3 Mile Radius
- Situated in 8,200-Acre Master-Planned Community with 18,500 Residential Units and 8 Million SF of Commercial Space
- Across from 150-Acre World-Class Biotech Research Park Projected to Bring Over 30,000 Jobs to Port St. Lucie
- Just South of 6,000 Homes Being Built in PGA Village Verano
- ½ Mile to New $14 Million Keiser University Campus with 1,200 Students
- Surrounding Big Box Retailers Include Walmart Supercenter, Sam’s Club, Target, Home Depot, Publix, LA Fitness, TJ Maxx, Petsmart, and Bed Bath & Beyond
- Highly Visible to 32,200 Cars/Day
- Immediate Access to I-95 with 77,500 Cars/Day, the Main North/South Artery on the East Coast
- 50 Miles North of West Palm Beach
