Stuart, FL 34994

CVS

Property Address

2651 Northwest Federal Highway, Stuart, FL, USA

Offering Summary

  • Price: $5,200,000
  • Lot Size: 1.44 Acrse
  • Cap Rate: 7.0%
  • Year Built: 2004
  • Building SF: 13,813
  • Status: Available
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  • Absolute Triple-Net (NNN) Lease with CVS Pharmacy
  • Approx. 2% Rental Increases in the Option Periods
  • 103,415 Residents within a 5-Mile Radius - Growing Stuart Trade Area
  • Average Household Income Exceeds $85,000 in the Immediate Area
  • Hard Corner Location, Visible to 66,300+ Cars/Day at the Intersection of NW Federal Highway and NW Britt Road
  • Walking Distance from Jensen Beach High School (1,600 Students)
  • Situated in Dense Retail Corridor - Ashley HomeStore, Best Buy, Ross, PetSmart, The Home Depot, Target, Barnes & Noble, and More
  • Strong Daytime Population - 122,317 Employees in Surrounding Area
  • Across from Treasure Coast Square, an Indoor Mall with 100+ Retailers Including Macy’s, Dillard’s, Old Navy, and More

Broker Information