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