2050 S US Highway 1

2050 S US Highway 1 , Fort Pierce, Florida, 34950 | 802 sq.f | $ 1,000,000

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About This Restaurant

Investment Highlights

Building features 802 SF(+/-) with two drive-through lanes, walk-up windows, outdoor seating, and 10 parking spaces. Prime location on a hard corner with US-1 and Tennessee Ave; easy ingress & egress along both roads. Optimal exposure with approximately 37,000 vehicles per day. Interior space includes grill/hood capabilities, walk-in cooler, walk-in freezer, grease trap, two restrooms, and employee work area. Surrounded by national retailers, including Dunkin?, WaWa, Publix, Jersey Mike's Subs and Chase Bank. Strong population density of over 47,000 residents living within a 3-mile radius, and over 73,000 residents within a 5-mile radius.

Executive Summary

Berkshire Hathaway Homeservices EWM Realty (?BHHS EWM Realty?) is pleased to present the opportunity to purchase this single-tenant Quick Service Restaurant (?QSR?) site & building (the ?Property?) located in the heart of Fort Pierce, Florida in Saint Lucie County. The Property is located at 2050 South US Highway 1 on a hard corner with Tennessee Avenue with easy ingress/egress along both thoroughfares. The Property also sits just north of the intersection of US-1 and State Road 70 which is one of the main roads leading into downtown Fort Pierce from I-95 and Florida?s Turnpike.The Property is surrounded by national retailers, including Dunkin? immediately to the South, WaWa across the street on US-1. Also one block to the south is Sabal Palm Plaza which is anchored by Publix along with Jersey Mike?s Subs and Chase Bank. The existing building features 802 SF(+/-) with two drive-through lanes, walk-up windows, outdoor seating, and 10 parking spaces. The interior space is designed for single-tenant QSR usage, featuring grill/hood capabilities, walk-in cooler, walk-in freezer, grease trap, two rest rooms, and employee work area. This is a prime opportunity for an investor, owner-user, or franchisee to expand a prominent restaurant brand in the growing Fort Pierce Market.This offering also includes a non-contiguous parcel of land to the east along Tennessee Ave. This tract of land is highlighted in red in the adjoining aerial photo. Parcel # is 2415-341-0005-020-9 and features 2,750 SF and 25? of frontage along Tennessee Avenue.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Fast Food Fast Food General Retail Freestanding General Retail Restaurant Fast Food
  • Building Size    802
  • Building Class    C
  • Year Built/Renovated    1993/2013
  • Price    1,000,000
  • Price Per SF    1,247
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.04
  • Land Acres    0.43 AC

Amenities

  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru
  • Storage Space
  • Monument Signage

Nearby Amenities & Transportation

Retail Checkers
Retail Seacoast Bank
Retail Bravo Supermarket
Retail Planet Fitness
Retail Chase Bank
Retail PNC Bank
Retail Truist
Retail ALDI
Retail TD Bank
Retail Workout Anytime

Property Taxes

Parcel Number 24-15-341-0005-0003 Improvements Assessment $236,600
Land Assessment $318,400 Total Assessment $555,000
Date Created: 2024-07-16 04:13:33 Last Updated: 2024-07-16 04:13:33
Address: 2050 S US Highway 1 , Fort Pierce, Florida, 34950