Jeremiah Baron & Co. Commercial Real Estate, LLC.
PRESS RELEASE
O’Reilly’s Signs New Ten Year Lease
Jeremiah Baron & Co. Development has just signed a new Ten Year Lease with O'Reilly Auto Parts! The O'Reilly Store will plan to open it's doors in their new location at 885 SE Monterey Road in Stuart, before the end of this year 2020. Just another quality broker...
Industrial Pad sells for $284K
A 9,800 sf land lot situated in the Industrial Park at Avonlea has just been sold for a grand total of $284,200. A local air conditioning contractor has purchased the land to open its new headquarters. The transaction was handled by Jeremiah Baron and Chris Belland...
7.47 AC Land in Stuart sells for $2M
A 7.47 acre vacant land located just of SE Central Parkway in Stuart has just sold for a grand total of $2,000,000. The land was sold to Meritage Homes of Florida, a home development company specializing in building smart, energy efficient homes throughout Florida....
Live/Work Property in Stuart sells for $625,000
A multi-level office property located just off Ocean Blvd. in Stuart has been sold for a total of $625,000. The 4,260 sf building consists of two-story office/multipurpose space with an expansive ground floor parking garage. Site had a number of upgrades including new...
0.72 AC Land in PSL sells for $275K
A 0.72 AC land located along SE Port St. Lucie Blvd. has just been sold for a total of $275,000. The piece of property has been pre-approved for development, however, future plans for the the site have not yet been disclosed. The site was sold by Matt Mondo,...
Retail/Warehouse in Stuart sells for $1.250M
A 10,000 sf auto dealership property located on SE Monterey Road in Stuart has just been sold for a total of $1,250,000. The property has a great layout consisting of warehouse and office space, plus ample parking and yard space. A local investor purchased the...
PSL Medical Building sells for $1.075M
The Goldtree Professional Plaza located in a heavy medical sector of Port St. Lucie has just been sold for a total of $1,075,000. The 10,032 sf building consists of a total of 5 suites, and was formerly used as an addiction treatment and recovery center. The site was...
Virginia College in Ft. Pierce sells for $6.2M
The Virginia College campus located in Fort Pierce has just been sold for a grand total of $6,200,000. The sale of the 74,226 sf campus also included a 3,000 sf vacant restaurant building located next door. The site was purchased by the St. James Christian Academy who...
Medical Office Condo sells for $338K
A 5th floor office condo located in the St Lucie Medical Center Building has just been sold for $338,000. The turn-key 3,445 sf unit features a generously sized waiting room, exam rooms, and private offices. The office condo was purchased by an undisclosed medical...
0.69 AC Land sells for $210K
Three vacant parcels located on Bayshore Blvd. in Port St. Lucie, have been sold for a total of $210,000. Site is located just minutes away from the Crosstown Parkway which has just been expanded towards the East to easily reach US-1. The property was purchased by an...
New Activity at the Jensen Beach Auto Vault
Exciting things are happening at the future site of the Jensen Beach Auto Vault! The underground utilities are about to be put in place, so there will be plenty of movement happening over the next few months. Current completion is projected for 1st Quarter of 2020....
Baron Shoppes Plaza sells for $7.3M
The brand new strip center known as the Baron Shoppes in Stuart, has just been sold for a grand total of $7,300,000. The 7-suite plaza was completed back in May of 2018, consisting of a mixture of tenants which include Moe's Southwest Grill, Jupiter Medical, Great...
Car Lot in Stuart sells for $700K
A 0.69 former used auto lot in Stuart, FL has just been sold for a total of $700,000 to an undisclosed investor. The property is located just off US-1 and accommodates about 60 cars; there's also a 400 sf office on the premises. The transaction was executed by Sales...
Metro Diner in Stuart sells for $1.9M
The brand new Metro Diner restaurant located in the Baron Shoppes in Stuart has sold for a grand total of $1,950,000. The site was completed on April 2018 and features Metro Diner, a popular breakfast eatery that started in Jacksonville, FL and now has over 40...
Flex Service Warehouse Sells for $1.2M
Big Closing News! An investment property comprised of two combined warehouses totaling 15,570 sf has been sold for a total of $1,275,000. The site is fully leased with long term tenants in-place. Alex Rodriguez-Torres represented the buyer in the transaction.
Flex/Warehouse Condo gets LEASED
A 2,300 sf warehouse property located in the Palm City Business Park has been leased at a record time of just 10 days! The condo consists of 1,300 sf of warehouse space plus 1,000 sf office space. Space was leased to a mechanical refrigeration service team. The lease...
0.69 AC Land Sells for $250K
A 0.69 acre lot located on SW Port St. Lucie Blvd. near SE Floresta Dr. has been sold for $250,000. Plans for the site have not yet been revealed but a brand new development will soon be taking place. The deal was brokered by Matt Crady, who represented both the buyer...
Office Space at Willoughby Business Park gets Leased
A corner office condo located at the Willoughby Business Park in Stuart, FL has been leased! Site consists of 1,500 sf private offices, multi-purpose offices, and features a 15' roll-up garage door. The unit has been leased for 3 years to an undisclosed tenant. The...
Sunrise Plaza in PSL sells for $2.1M
Another great success! The 12,046 sf Sunrise Plaza has just been sold for a grand total of $2,100,000. The multi-tenant property includes Pinch-A-Penny, Hillmoor Optical, and Pink Lotus Salon & Spa, and others. The site was purchased by an investor from the Port...
Flex Condo in Palm City SOLD
A 1,500 sf mixed-use condo located at the Palm City Business Park in Palm City, FL for $265,000. Site is fully build out with high end finishes and features a conference room, work space area, restrooms, and a warehouse with a grade level-roll up door. The condo was...
Office Condo in Stuart SOLD
An office condo located at the Willoughby Business Park in Stuart has just been sold for a total of $355,000. The double unit site feature two private offices, large open work area, and conference room, plus additional office area in the upstairs unit. The sale was...
PSL Medical Building SOLD
A medical office building located on SE Hillmoor Drive in Port St. Lucie has been sold for a total of $705,000. The 5,642 sf building accommodates two tenants, and it's desirable location offers easy accessibility to US-1. The site was purchased by a group from West...
0.46 AC Land SOLD
A 0.46 AC commercial land that sits along Kanner Highway has been sold for a total of $184,000. Site was purchased by an attorney team from South Florida. Plans for the site are currently undisclosed. The transaction was handled by KC Daniel and Matt Crady.
Eyeglass World in Stuart sells for $2.4M
A brand new Eyeglass World building located at the Baron Shoppes in Stuart, Florida has been acquired for $2,400,000. The 4,000 square-foot property was also part of brand new development project completed by the Jeremiah Baron & Co. Development Division in late...
Self Storage in Ft. Pierce sells for $1.7M
Economy Self Storage, a 41,838 sf storage facility in Fort Pierce, has just been sold at a grand total of $1,750,000. The facility which features 475 climate controlled self-storage units along with covered parking was purchased by a group of investors. The...
Warehouse in Jensen Beach sells for $700K
A 19,950 square-foot industrial warehouse property located near the Jensen Beach inlet, has been sold for a total of $700,000. The property features a mix of office, warehouse, and manufacturing space on an ample 1.54 acre lot. The new owner will be leasing it out to...
0.57 AC Lot sells for $137K
A 0.57 acre lot located near the corner of US Highway 1 and Savannah Club Blvd. in Port St. Lucie has been sold for a total of $137,500. The vacant piece of land was purchased by the American Legion who will be utilizing the site as additional parking. There is an...
Mini Lube Station in Palm Bay SOLD
A fully operational Mini Lube station located in the retail hub of Palm Bay, Florida has just been sold for a total of $350,000. The property will continue to operate as oil lube station under new ownership. The site features two service stalls, a monument sign, and...
Medical Office in Stuart gets LEASED
A turn-key medical office space located in close proximity to the Downtown Stuart area has been leased for a period of 5 years. The space features 9 exam rooms, 5 offices, waiting area, and a reception area. An Ears Nose and Throat practice will be occupying the...
Office Condo at Hillmoor Plaza LEASED
A 1,560 sf office condo space at the Hillmoor Professional Plaza has just been leased for a period of 5 years. The space which is built out for medical consists of 3 exam rooms, 2 consultations rooms, 1 large conference room, plus other amenities. A medical practice...
Fort Pierce Car Wash sells for $525K
A car wash facility located in Fort Pierce, FL has just been sold for a total of $525,000. The site known as St. Lucie's Rocket Car Wash will continue to operate as a full service car wash and detailing business. The seller and buyer were both represented by Jeremiah...
Flex Condo sells for $238K
A 2,100 sf flex/warehouse condo located at the Treasure Coast Commerce Center in Palm City, FL has just been sold for $238,000. The 2,100-sf condo features a mix of office and warehouse space with it's own dedicated roll-up door. Plans for the space has not yet been...
SOLD: Self Storage in Rowlett, TX
Another big closing for the Jeremiah Baron and Co. team. A portfolio listing consisting of a self storage facility consisting of five separate parcels has just closed for a grand total of $3,525,000. The combined 57,388 sf storage facilities are operated by Long Horn...
Just Leased: Auto Service Station in W Melbourne FL
Strong regional oil lube operator has signed off a 10 year lease on an automotive building located on W New Haven Ave. in Melbourne, Florida. The property features 3 bays, an office, and great exposure to US 192. The new tenant plans to open the new location starting...
Freestanding Building in Fort Pierce gets SOLD
A former medical office building located on the corner of US-1 and Savannah Road in Fort Pierce has just been sold for a total of $597,500. The site consists of a 2,605 sf freestanding building on a big corner lot at 0.8 acres allowing for expansion of use. The buyer...
Jensen Beach Plaza Sells for $9.8M
The high profile plaza known as the Jensen Beach Shoppes has just been sold for a grand total of $9,800,000. This excellent investment property consists of name brand tenants such as Panera Bread, Men's Warehouse, T-Mobile, as well as Comcast's newest location which...
JUST LEASED: Office Space in Fort Pierce
A fully remodeled professional space located on the corner of S 25th Street and Citrus Ave. in Fort Pierce has just been leased. The property has great features including newly upgraded flooring and fixtures. The site will be occupied by a medical practice. The space...
Medical Office Building sells for $580K
New Year's first sale! A building at the White City Professional Park located just off S 25th Street in Fort Pierce has been sold at a total of $580,000 with a 8% cap rate. The fully leased property consists of 4,500 sf and features two medical professional tenants. A...
Retail/Warehouse Sells for $630K
A 5,000 sf warehouse building located on the corner of NW Wright Blvd. and NW Dixie Highway has just been sold for $630,000. Half of the property is occupied by Crumps Lawn Equipment Center, which provides sales of wide range of lawn equipment tools as well as repair...