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Strickland Brothers 565 NW Prima Vista Blvd 1,730 SF 100% Leased Retail Building Port Saint Lucie, FL 34983 $3,739,585 CAD ($2,161.61 CAD/SF) 6% Cap Rate
Executive Summary
SECURE STREAM OF INCOME
?New 15-Year Absolute NNN Lease - Zero landlord responsibilities
?10% Rent Increases - Every 5 years and renewal options
?Excellent Access and Visibility to 26,844 VPD - 0.86 acre parcel along NW Prima Vista Blvd
?Rapidly Expanding Tenant - Nearly 300 locations across 27 states
?Princeton Equity Invested in Strickland Brothers in 2021 to Fuel Aggressive Expansion Plans - According to report by Grand View Research, Inc.?
?Oil Change Facilities May Qualify for 100% Accelerated Bonus Depreciation Potential for 2025 - Consult with CPA
?New 15-Year Absolute NNN Lease - Zero landlord responsibilities
?10% Rent Increases - Every 5 years and renewal options
?Excellent Access and Visibility to 26,844 VPD - 0.86 acre parcel along NW Prima Vista Blvd
?Rapidly Expanding Tenant - Nearly 300 locations across 27 states
?Princeton Equity Invested in Strickland Brothers in 2021 to Fuel Aggressive Expansion Plans - According to report by Grand View Research, Inc.?
?Oil Change Facilities May Qualify for 100% Accelerated Bonus Depreciation Potential for 2025 - Consult with CPA
Property Facts
Sale Type
Investment
Property Type
Building Size
1,730 SF
Year Built
2025
Price
$3,739,585 CAD
Price Per SF
$2,161.61 CAD
Cap Rate
6%
NOI
$224,375 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.04
Lot Size
0.92 AC
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 34-29-603-0002-0001 | Improvements Assessment | $0 CAD |
| Land Assessment | $395,533 CAD | Total Assessment | $395,533 CAD |
Property Taxes
Parcel Number
34-29-603-0002-0001
Land Assessment
$395,533 CAD
Improvements Assessment
$0 CAD
Total Assessment
$395,533 CAD
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Strickland Brothers | 565 NW Prima Vista Blvd
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