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O’Reilly Commercial Realty LLC
Patrick O’Reilly
Phone: (352) 237-2222
Email: OreillyCommercialRE@gmail.com
Retail Property in Jensen Beach Florida
Net Lease Property with City Mattress
| Price | Sold | Property Use Type | Net Lease Investment with 8 years left on lease |
| Building Size | 10,000 SF | Cap Rate | |
| Price per SF | Occupancy | 100% | |
| Property Type | Retail | Tenancy | Single |
| Property Sub-type | Free Standing Building | Year Built | 2006 |
Description of Investment Property
This City Mattress was a net lease investment which is located in Jensen Beach (Port St Lucie MSA), Florida. This is a NNN property with 3% annual increases and is located adjacent to a 900,000 square foot mall in Martin County.
Jensen Beach is just north of West Palm Beach. The city of West Palm Beach was once was known as the Pineapple Capital of the World and still holds an annual pineapple festival. Appropriately, the pineapple is a symbol of hospitality, and Jensen Beach lives up to this hallmark every day. With its major shopping centers, numerous specialty stores and unusual boutiques, the Jensen Beach area is renowned as a retail shopping center of the Treasure Coast.
Jensen Beach also has earned a reputation for its seafood-intensive fine dining. The water enthusiast will find boating, sailing, fishing, skiing, surfing and scuba diving. Jensen Beach also attracts several species of endangered sea turtles during nesting seasons. A terrific area to but Florida Investment Property.
Florida Commercial Property Listing Highlights
- Corporate Guaranty
- HH Income of $63,636 within 3 Mile Radius
- Adjacent to Treasure Coast Square – 900,000 SF Regional Mall
- Located on US -1 Highway with High Traffic Count of 72,500 VPD
- Florida Has No State Income Tax
Major Tenant Information of this Property
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| City Mattress | 10,000 | 6/1/2024 |
3451 NW Treasure Coast Drive, Jensen Beach, Florida 34957 (Martin County)
This information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals.This information is provided for consumer personal, solely to identify potential properties for potential purchase.