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2050 S US Highway 1 950 SF Retail Building Fort Pierce, FL 34950 $4,605,368 CAD ($4,847.76 CAD/SF) 5.05% Cap Rate
Investment Highlights
- Absolute NNN Lease – Tenant responsible for taxes, insurance, and maintenance.
- Brand-New BTS Construction – Purpose-built Dutch Bros prototype.
- Adjacent to Gateway Plaza Redevelopment – Strong national retail co-tenancy.
- Long-Term Lease Structure – New 15-year term with three (3) five-year options.
- Prime US Highway 1 Exposure – ±37,000 vehicles per day.
Executive Summary
Disclaimer: All photos are representative photos as property site is still under construction.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
950 SF
Building Class
C
Year Built
1993
Price
$4,605,368 CAD
Price Per SF
$4,847.76 CAD
Cap Rate
5.05%
NOI
$232,571 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.43 AC
Zoning
C3
Parking
9 Spaces (9.47 Spaces per 1,000 SF Leased)
Frontage
106’ on South US Highway 1
Amenities
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
- Storage Space
- Monument Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 24-15-341-0005-0003 | Improvements Assessment | $534,341 CAD |
| Land Assessment | $405,452 CAD | Total Assessment | $939,793 CAD |
Property Taxes
Parcel Number
24-15-341-0005-0003
Land Assessment
$405,452 CAD
Improvements Assessment
$534,341 CAD
Total Assessment
$939,793 CAD
Contacts
-
Angel Lei -
Christopher Laskero -
Braden Crockett -
Kasey Nguyen -
Alpha Real Estate Advisors
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2050 S US Highway 1
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