Zaxby's 3025 SW Port St Lucie Blvd

3025 SW Port St Lucie Blvd , Port Saint Lucie, Florida, 34953 | 2,865 sq.f | $ 2,665,000

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About This Restaurant

Investment Highlights

Outparcel to Walmart Neighborhood Market and Sympatico Plaza Port St. Lucie is the 4th Fastest Growing City in The USA Excellent Visibility From Signalized Intersection of SW Port St. Lucie Boulevard and SW Aurelia Ave Absolute NNN Lease With 2% Annual Increases Easily Accessible From Port St. Lucie Blvd Which Exceeds 15.300 Vehicles Per Day | Dedicated Turn Lane For The Shopping Center trategically Located within a Strong Retail Corridor Featuring National Retailers

Executive Summary

Encore Real Estate Investment Services is pleased to present the Zaxby's property located in Port St. Lucie, Florida.?The property is subject to a 4-year absolute NNN lease, outfit with 2% annual increases and no landlord responsibilities.The subject property is situated as an out-parcel to a Walmart Neighborhood Market, has signalized intersection access, and is easily accessible with a dedicated turn lane from Port St Lucie Blvd. Port St Lucie Blvd is the area's main retail thoroughfare which is host to a variety of national and regional tenants including Walmart Neighborhood Market, Publix, McDonald's, Walgreens, Dollar Tree, Cumberland Farms, and many more. Port St. Lucie's metro area was the 4th fastest-growing city in the United States From July 2022-2023. The 5-mile radius surrounding this property experienced over 35% population growth since 2010 and is projected to grow an additional 8% through 2028.

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    2,865
  • Building Class    B
  • LoopNet Rating    4 Star
  • Year Built    2018
  • Price    2,665,000
  • Price Per SF    930
  • Cap Rate    6.75
  • NOI    179,888
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.09
  • Land Acres    0.73 AC

Amenities

  • Restaurant
  • Signalized Intersection
  • Drive Thru

Nearby Amenities & Transportation

Retail Duffys Sports Grill
Retail ALDI
Retail Bravo
Retail Publix
Retail Keke's Breakfast Cafe
Retail Wingstop
Retail Planet Fitness
Retail Walmart Neighborhood Market
Retail Checkers
Retail PNC Bank

Property Taxes

Parcel Number 4418-703-0001-000-0 4418-702-0001-000-7 Improvements Assessment $643,400
Land Assessment $2,793,100 Total Assessment $3,436,500
Date Created: 2024-07-16 04:09:28 Last Updated: 2024-07-16 04:09:28
Address: 3025 SW Port St Lucie Blvd , Port Saint Lucie, Florida, 34953