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Baron Shoppes at Port St. Lucie

10230-10368 US Highway 1, Port St. Lucie, FL, 34952
For Sale

Property Details

  • Price: $21,500,000
  • Property Type: Investment, Shopping Center
  • Availability: Available
  • Transaction Type: For Sale
  • Cap Rate: 7%
  • Building Size: 114,585 SF
  • Lot Size: 11.92 AC
  • Sale Type: Investment
  • Year Built: 1997
  • Zoning Description: General Commercial
  • Year Renovated: 2024

Property Description

Baron Shoppes Shopping Plaza offers investors a rare opportunity to acquire a fully leased property in the heart of Port St. Lucie. With a diverse tenant mix, recent renovations, and development potential, this property is poised for continued success and growth.

PRIME LOCATION
Baron Shoppes Shopping Plaza enjoys an advantageous location along US Highway 1, a prominent route with high visibility and substantial traffic. This prime location positions the plaza as a focal point for local residents and passing travelers.

DIVERSE TENANT MIX
The plaza is currently home to a range of tenants, including Aaron’s, Dollar Tree, and Club Pure preschool, as well as the newly opened Crunch Fitness. These established businesses ensure a steady stream of foot traffic and contribute to the plaza’s stability. Additionally, Remy’s Diner, a highly anticipated eatery offering classic comfort food in a welcoming atmosphere, will be opening soon. Along with Collaborative Behavior Group’s expansion by 2,400 sq. ft., these additions further enhance the plaza’s attractiveness and reinforce its position as a premier destination for retail and services in Port St. Lucie.

RENOVATION INVESTMENT
A standout feature of Baron Shoppes Shopping Plaza is its commitment to continual improvement. With a $2 million investment in renovations, the plaza has undergone a remarkable transformation, enhancing its aesthetics, functionality, and overall appeal. Recent upgrades include the installation of new HVAC units, a modernized façade, and a refreshed monument sign.

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Financial Summary

Investment Highlights

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Price / Unit $0.00
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Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

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Net Operating Income $0.00 $0.00
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Potential Net Cash Flow $0.00 $0.00
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Rent Roll

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Lease Expires

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