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7200-7240 S US Highway 1 15,230 SF 88% Leased Retail Building Port Saint Lucie, FL 34952 $6,125,559 CAD ($402.20 CAD/SF) 7% Cap Rate
Executive Summary
Prime Retail, a 15,230 square foot multi-tenant neighborhood retail plaza strategically positioned along one of Port St. Lucie’s primary commercial corridors.
The property is 100% leased per the current rent roll. The tenant roster consists of a diversified mix of retail, service, and dining operators serving the surrounding residential trade area.
The leases feature structured terms including 3% annual rental escalations, providing predictable income growth and long-term revenue visibility. Several suites reflect below-market rents, offering potential for future mark-to-market upside upon renewal or rollover.
Significant recent capital improvements materially enhance the durability of the asset, including full roof replacements in 2024 with 20-year warranties, exterior upgrades, and parking lot resurfacing.
The property is 100% leased per the current rent roll. The tenant roster consists of a diversified mix of retail, service, and dining operators serving the surrounding residential trade area.
The leases feature structured terms including 3% annual rental escalations, providing predictable income growth and long-term revenue visibility. Several suites reflect below-market rents, offering potential for future mark-to-market upside upon renewal or rollover.
Significant recent capital improvements materially enhance the durability of the asset, including full roof replacements in 2024 with 20-year warranties, exterior upgrades, and parking lot resurfacing.
Financial Summary (Actual - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
15,230 SF
Building Class
B
Year Built
1976
Price
$6,125,559 CAD
Price Per SF
$402.20 CAD
Cap Rate
7%
NOI
$428,789 CAD
Percent Leased
88%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.67 AC
Zoning
CG - General Commercial
Frontage
265’ on South US Hwy 1
Amenities
- Dedicated Turn Lane
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 7214-7216
- 1,200 SF
- Retail
- In-Line
- Now
- 7224
- 600 SF
- Retail
- In-Line
- Now
| Space | Size | Space Use | Position | Available |
| 7214-7216 | 1,200 SF | Retail | In-Line | Now |
| 7224 | 600 SF | Retail | In-Line | Now |
7214-7216
| Size |
| 1,200 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
7224
| Size |
| 600 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
1 of 7
Videos
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Photos
Street View
Street
Map
Presented by
Maan Barazi
7200-7240 S US Highway 1
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