Comparable sales across Jensen Beach and Port St. Lucie average $230-$265/SF with 5.4-7.2% cap rates for similar-sized centers. The property's fully leased status and stable tenants (medical and community service) support a valuation near the midpoint of this range despite below-market base rents. VALUE ADD OPPORTUNITY The 2025 lease expirations (two tenants) Now Month to Month provide rent growth potential, adding upside value for buyers seeking medium-term repositioning. $280/SF and an effective in-place cap rate of ~7.1%, balancing yield-driven investor appeal with growth potential. Positioned below replacement cost and regionally competitive with recent retail-medical sales in central Martin County.
| AIR |
Central Air, Electric |
| AIR CONDITIONING |
Yes |
| AREA |
3-Jensen Bch Stuart - N Roosevelt Br |
| CONSTRUCTION |
Block, Concrete, Stucco |
| HEAT |
Central, Electric |
| LOT |
2.937 acre(s) |
| STORIES |
1 |
| SUBDIVISION |
PINE VIEW |
| TAXES |
46165 |
| UTILITIES |
Cable Available, Electricity Available, Sewer Available, Water Available |
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Listing provided by Rosi Shepard, RE/MAX of Stuart, 772-323-7037
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed.
2026 Beaches Multiple Listing Service, Inc. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.
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