954-415-9816
601-617 NW Mercantile Pl, Port Saint Lucie, FL for Sale
Warehouse - FOR SALE
1/15
null | Request Cap Rate

601-617 NW Mercantile Pl
Port Saint Lucie, FL 34986
St Lucie West


HIGHLIGHTS

  • PODS tenanted prime Warehouse in strong Florida Industrial Market
  • NNN Rent substantially below market with lease term through 12/31/2027
  • NNN Lease with Tenant responsibilities which may include some or all items outlined in the PCA Report
  • Ceilings up to 30’ clear with 2 Tailboards
  • 2.2 acres of land with ample outdoor storage
  • Frontage on I-95

OVERVIEW

Marcus & Millichap in conjunction with RealInsight Marketplace, is pleased to offer for sale, PODS Port St. Lucie (the “Property), a 100% occupied 39,600 SF single-tenant, industrial/office warehouse facility built in 2006 in Port St. Lucie, Florida. The Property has clear heights of up to 30 feet and is completely sprinklered; with (2) grade-level loading docks and situated on 2.2 acres of land, which allows for ample outdoor storage space. POD’s has been strategically located at this I-95 fronting facility since 2016 with lease term through 12/31/2027 and HAS two, five-year options remaining. POD’s Port St. Lucie is conveniently located alongside Interstate 95 in the city of Port St. Lucie, just north of St. Lucie W Blvd on NW Mercantile Place, and is also less than 8 miles from the Florida Turnpike entrance, making it easily accessible from anywhere in St. Lucie County. PODS Port St. Lucie provides a stable investment with a quality tenant in a high-barrier-to-entry market, and frontage to Interstate 95. Additionally, the Property provides upside potential to mark rents to market if PODS does not exercise their options, with in-place rents being well below market. Strong Demographics with ±41,327 total population within a 3-mile area and an AHHI of ±$80.353. https://rimarketplace.com/auction/2365/reit-sale-pods-warehouse-39-600-sf-2.2-acres

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

PODS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

UTILITIES

Water - County, Sewer - County

CLEAR CEILING HT

30 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

47

LAND DETAILS

LAND ACRES

2.22

LAND SF

96,703

ZONING

WI-PSL

APN/PARCEL ID

33-23-681-0001-0001

ASK ABOUT THIS PROPERTY

Douglas MandelInstitutional Property AdvisorsMore Info
954-415-9816

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Douglas MandelInstitutional Property AdvisorsMore Info
954-415-9816

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.