4822 S US Highway 1, Fort Pierce FL 34982
Dunkin’ Strip Center | (SOLD $1,295,000)
Great purchase opportunity!! Retail Strip Center located on busy US Highway 1 in Fort Pierce consists of two buildings with a variety of tenants including Dunkin’ Donuts. Site features a new roof, new HVAC, and city water/sewer. The existing Dunkin’ Donuts has just signed a 10 year lease extension as of February 1st, 2016. Lots of upside with +/- 15% vacancy. With improved leasing and management the NOI can be increased to $130k-$150k. High visibility from US Highway 1, just North of E Midway Road.