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Treasure Coast Wellness Plaza 3395-3405 NW Federal Hwy 14,265 SF 100% Leased Office Building Jensen Beach, FL 34957 $4,124,880 CAD ($289.16 CAD/SF) 6.67% Cap Rate
Investment Highlights
- Fully leased to a stable mix of medical and community service tenants, providing immediate and consistent income with no vacancy.
- 113 on-site parking spaces, delivering an exceptional 7.9 spaces per 1,000 square feet, ideal for medical, healthcare, and other high-visit uses.
- Substantial traffic counts along US Highway 1, with approximately 57,000 to 70,000 VPD, driving consistent exposure and visibility.
- Durable concrete block construction with a metal roofing system helps reduce long-term maintenance costs and supports long-term ownership.
- Limited competing vacancy in the immediate trade area supports strong tenant demand, rent stability, and long-term leasing strength.
- Prominent frontage along Federal Highway provides high visibility and convenient access along one of the region’s primary commercial corridors.
Executive Summary
Several tenants are on month-to-month leases at below-market rents, creating an opportunity to enhance returns through renewals or repositioning to market rates. Durable concrete block construction with a metal roof helps limit long-term maintenance exposure, while 113 on-site surface parking spaces, equating to approximately 7.9 spaces per 1,000 square feet, support high-visit medical and service uses and strengthen tenant retention.
The tenant mix is heavily weighted toward medical and wellness users, aligning well with the area’s aging and healthcare-driven demographics. Spanning approximately 288 feet of frontage along NW Federal Highway (US Highway 1), the facility offers excellent visibility and pylon signage exposure in a moderately walkable corridor. Traffic counts along US Highway 1 exceed 50,000 vehicles per day (VPD) within a half-mile of the site, supporting consistent daily exposure and long-term leasing demand.
Situated at a signalized hard corner of US Highway 1 and Jack Williams Way in northern Martin County’s primary commercial corridor, tenants here serve the Jensen Beach, Stuart, and greater Treasure Coast markets. The surrounding trade area is dense and affluent, with an estimated population of approximately 120,000 within a 5-mile radius and median household incomes in the mid-$60,000s, along with positive population growth trends. Retail and service space fundamentals remain tight, with low vacancy rates and market rents supporting future rent growth and strong backfill potential.
Nearby regional retail centers, civic uses, and healthcare services contribute to steady destination and neighborhood traffic throughout the day, reinforcing the property’s long-term appeal as a medical and community-oriented investment.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$365,781
|
$25.64
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$365,781
|
$25.64
|
| Taxes |
$60,935
|
$4.27
|
| Operating Expenses |
$34,155
|
$2.39
|
| Total Expenses |
$95,091
|
$6.67
|
| Net Operating Income |
$270,690
|
$18.98
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $365,781 |
| Annual Per SF | $25.64 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $365,781 |
| Annual Per SF | $25.64 |
| Taxes (CAD) | |
|---|---|
| Annual | $60,935 |
| Annual Per SF | $4.27 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $34,155 |
| Annual Per SF | $2.39 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $95,091 |
| Annual Per SF | $6.67 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $270,690 |
| Annual Per SF | $18.98 |
Property Facts
Amenities
- 24 Hour Access
- Bio-Tech/ Lab Space
- Conferencing Facility
- Courtyard
- Day Care
- Signage
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Services
- -
- -
- -
Calvary Community Church is a non-denominational congregation in Jensen Beach that is affiliated with the Calvary Chapel Association and centers its ministry on drawing, discipling, and deploying followers of Jesus Christ. The church is part of the broader Calvary Chapel tradition, offering verse-by-verse Bible teaching, worship services, and programs for kids, students, young adults, and small groups. Calvary Community Church also supports community-focused gatherings such as prayer, Bible studies, grief support, and outreach activities, giving the church a steady role in faith-based life across the Jensen Beach area.
-
- Services
- -
- -
- -
Electrolysis and Laser Center of the Treasure Coast began in 1987 as a specialized practice focused on permanent hair removal through electrolysis. The business later added Candela GentleLASE laser treatments to expand its service mix while staying centered on hair removal for men and women. The company offers electrolysis and laser hair removal, with an emphasis on permanent hair reduction across a range of skin types. Current services also include consultations and test treatments, reflecting a practice built around focused cosmetic care and long-term client support.
-
- Health Care and Social Assistance
- -
- -
- -
North Stuart Physical Therapy & Rehabilitation began in 2004 as a therapist-owned private practice focused on patient-focused care and individualized physical therapy treatment. The company provides evidence-based rehabilitation services that include hands-on care, manual therapy, posture and strengthening exercises, and treatment support for neck, back, shoulder, and joint replacement recovery. The business holds AAAASF accreditation, reflecting a formal commitment to patient care, safety, and quality. North Stuart Physical Therapy & Rehabilitation serves the Stuart, Jensen Beach, and Port St. Lucie area as a community-based provider of rehabilitation services.
- Stuart Urgent Care
- Health Care and Social Assistance
- -
- -
- -
-
- Health Care and Social Assistance
- -
- -
- -
TCMA Care began as a neighborhood urgent care business and has expanded into a network serving New York, New Jersey, Pennsylvania, and Florida. The company provides urgent care, primary care, and occupational medicine, along with diagnostic testing, preventive care, telehealth visits, and in-house lab and X-ray services. TCMA Care also offers school and sports physicals, immigration physicals, STD screening, worker injury care, and other services for adults and children. The company delivers accessible, community-based care through a team of physician assistants, nurse practitioners, and medical assistants.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Services | - | - | - | ||
|
|
Services | - | - | - | ||
|
|
Health Care and Social Assistance | - | - | - | ||
| Stuart Urgent Care | Health Care and Social Assistance | - | - | - | ||
|
|
Health Care and Social Assistance | - | - | - |
Demographics
Demographics
Property Taxes
| Parcel Number | 19-37-41-000-000-00050-5 | Total Assessment | $4,022,225 CAD (2025) |
| Land Assessment | $2,037,003 CAD (2025) | Annual Taxes | $60,935 CAD ($4.27 CAD/SF) |
| Improvements Assessment | $1,985,222 CAD (2025) | Tax Year | 2024 |
Property Taxes
Presented by
Treasure Coast Wellness Plaza | 3395-3405 NW Federal Hwy
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