Share This Listing

Message

941 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

3608 Oleander Ave 3608 Oleander Ave 3,616 SF 9% Leased Flex Building Fort Pierce, FL 34982 $1,376,890 CAD ($380.78 CAD/SF) 6% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Prime Location: Excellent visibility and accessibility on Oleander Ave, a well-traveled thoroughfare in the heart of Fort Pierce.

EXECUTIVE SUMMARY

FOR SALE – Price Reduced !!!!
Light Industrial Building | Fort Pierce, FL
Property Highlights:
Total Building Size: 3,300 SF
Zoning: Light Industrial
Occupancy: Fully leased / Partial owner-user opportunity

Income Breakdown:
Owner-Occupied Space: 1,300 SF
Owner willing to lease back at $2,000/month
Alternatively, space can be delivered vacant for owner-user or new tenant
Leased Space: 2,000 SF
Tenant currently paying $2,800/month
Billboard Income: $18,000/year
Potential to renegotiate for higher rental income
Investment Opportunity:
This versatile industrial property offers immediate income-generating potential with upside.
The billboard adds a non-traditional revenue stream with room for growth.
Ideal for investors seeking a stable asset or an owner-user looking to occupy a portion of the space while collecting rent from the remainder.

PROPERTY FACTS

Price $1,376,890 CAD
Price Per SF $380.78 CAD
Sale Type Investment or Owner User
Cap Rate 6%
Sale Conditions
1031 Exchange
  • Sale Leaseback
Property Type
Flex
  • Flex Showroom
  • Industrial Distribution
  • FlexLight Distribution
Building Class C
Lot Size 0.52 AC
Rentable Building Area 3,616 SF
No. Stories 1
Year Built 1985
Parking Ratio 1.38/1,000 SF
No. Drive In / Grade-Level Doors 3
Zoning LIGHT INDU

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
24-34-601-0011-0004
Land Assessment
$166,251 CAD
Improvements Assessment
$343,218 CAD
Total Assessment
$509,469 CAD
  • Listing ID: 36376570

  • Date on Market: 2025-06-24

  • Last Updated:

  • Address: 3608 Oleander Ave, Fort Pierce, FL 34982

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}