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1941-1961 SW South Macedo Blvd 8,622 SF 100% Leased Flex Building Port Saint Lucie, FL 34984 $1,200,000 ($139.18/SF) 5.05% Cap Rate

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INVESTMENT HIGHLIGHTS

Close to Fl. Turnpike

EXECUTIVE SUMMARY

11 unit condo warehouse building. 100% occupied. New roof installed April, 2025.

reserve spreadsheet 5-2025

2025 budget meeting minutes and adopted budget

floor plan with as is

Medallion 2024 CAM revised 1

FINANCIAL SUMMARY (ACTUAL - 2024)	ANNUAL	ANNUAL PER SF
Gross Rental Income	$147,000	$17.05
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$147,000	$17.05
Taxes	$21,873	$2.54
Operating Expenses	$50,000	$5.80
Total Expenses	$71,873	$8.34
Net Operating Income	$75,127	$8.71

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual	$147,000
Annual Per SF	$17.05

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$147,000
Annual Per SF	$17.05

Taxes
Annual	$21,873
Annual Per SF	$2.54

Operating Expenses
Annual	$50,000
Annual Per SF	$5.80

Total Expenses
Annual	$71,873
Annual Per SF	$8.34

Net Operating Income
Annual	$75,127
Annual Per SF	$8.71

PROPERTY FACTS

Price	$1,200,000	Lot Size	1.39 AC
Price Per SF	$139.18	Rentable Building Area	8,622 SF
Sale Type	Investment or Owner User	No. Stories	1
Cap Rate	5.05%	Year Built	1995
Property Type	Flex	Parking Ratio	2.88/1,000 SF
Property Subtype	Light Distribution Industrial Distribution Industrial Warehouse Industrial Service	Clear Ceiling Height	13’
Building Class	C	No. Drive In / Grade-Level Doors	11
Zoning	CS - Commercial Service

Price	$1,200,000
Price Per SF	$139.18
Sale Type	Investment or Owner User
Cap Rate	5.05%
Property Type	Flex
Property Subtype	Light Distribution Industrial Distribution Industrial Warehouse Industrial Service
Building Class	C
Lot Size	1.39 AC
Rentable Building Area	8,622 SF
No. Stories	1
Year Built	1995
Parking Ratio	2.88/1,000 SF
Clear Ceiling Height	13’
No. Drive In / Grade-Level Doors	11
Zoning	CS - Commercial Service

Fenced Lot

Signage

Water - City
Sewer - City

MAJOR TENANTS

Advance Pest Control
-
-
-
-

Affordable Paint
-
-
-
-

All American A/C
-
-
-
-

All Florida Window Washing
-
-
-
-

Atticus Aviation
Transportation and Warehousing
-
-
-

Gras Lawn
-
-
-
-

TENANT	INDUSTRY	SF OCCUPIED	RENT/SF	LEASE END
Advance Pest Control	-	-	-	-
Affordable Paint	-	-	-	-
All American A/C	-	-	-	-
All Florida Window Washing	-	-	-	-
Atticus Aviation	Transportation and Warehousing	-	-	-
Gras Lawn	-	-	-	-