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1251 SE Dixie Cutoff Rd 6,700 SF 100% Leased Industrial Building Stuart, FL 34994 $3,838,780 CAD ($572.95 CAD/SF) 4.20% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Long-term stability with a new 7-year lease extension through April 2032, plus two additional 3-year renewal options.
  • Global credit tenant: Rexel USA, Inc., a leading multinational in electrical distribution, ensures dependable income.
  • Strategic Stuart location near Downtown with excellent logistics access and strong market fundamentals.
  • Absolute triple net lease structure with zero landlord responsibilities—taxes, insurance, and operating costs fully covered by tenant.
  • Predictable cash flow starting at $115,575 annually with 3% annual rent escalations for built-in growth.
  • Turnkey investment with no deferred maintenance and a clean lease structure for true passive ownership.

EXECUTIVE SUMMARY

Secure long-term income with zero headaches—welcome to 1251 SE Dixie Hwy in Stuart, FL. This 6,700 SF light industrial building is 100% occupied by Rexel USA, Inc., a multinational powerhouse in electrical distribution. Rexel just renewed their commitment with a new 7-year lease extension through April 2032, including two additional 3-year options and 3% annual rent escalations, offering investors both immediate cash flow and reliable future income.
This is a true passive investment, backed by a global tenant and structured as an absolute triple net (NNN) lease. Landlord expenses? None. Rexel covers property taxes, insurance, and all operating costs, leaving you with pure net income. The lease terms deliver predictable returns starting at $115,575 annually, and growing each year, making it a safe haven for capital with better upside than a bond or CD.

Positioned just outside Downtown Stuart, this property benefits from excellent logistics access and a stable, demand-driven market. With no deferred maintenance, a clean lease structure, and a high-quality tenant in place, this asset is ideal for investors seeking long-term, set-it-and-forget-it income with underlying real estate value.

PROPERTY FACTS

Price $3,838,780 CAD
Price Per SF $572.95 CAD
Sale Type Investment NNN
Cap Rate 4.20%
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Storefront Retail/Office
  • Industrial Distribution
  • Showroom
Building Class B
Lot Size 0.37 AC
Rentable Building Area 6,700 SF
No. Stories 1
Year Built 1966
Parking Ratio 2.04/1,000 SF
Zoning INDUST - Light Industrial and General Retail. City of Stuart zoning.

AMENITIES

  • Fenced Lot
  • Security System
  • Signage
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Wholesaler
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

At Rexel USA, their goal is to be the best distributor in the electrical industry. To do this, they want to have the best value proposition for their customers to ensure they deliver outstanding financial performance. Maintain and build strong relationships with their suppliers and equip all of their people with the right tools, training, and support that they need to be successful. With all of this, they also want to remain humble and know when and how they can do better. Millions of US electrical customers trust the expertise, resources and relationships of Rexel USA, Inc. As the US presence of Rexel Group, one of the world's largest electrical distributors, they apply their know-how, productivity tools and hands-on business-building initiatives to help their customers thrive. Not satisfied with simply delivering products, nearly half of their employees are dedicated to improving how they connect customers with the supplies, solutions and services they need.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Wholesaler 99,999 SF - Lorem Ipsum Jan 0000
Walk Score®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-38-41-000-000-00124-0
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,088,305 CAD
  • Listing ID: 35337340

  • Date on Market: 2025-04-01

  • Last Updated:

  • Address: 1251 SE Dixie Cutoff Rd, Stuart, FL 34994

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