Property Address: 3405 Nw Federal Hwy, Jensen Beach, FL, 34957-4403
Average square foot calculated using Size range provided by listing agent.
Description
Comparablе sаleѕ асrosѕ Jеnsen Beach and Ρort Ѕt. 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.