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.

Listing courtesy of RE/MAX of Stuart (772) 323-7037 (772) 323-7037

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Last checked: 2026-03-07 05:07 AM UTC