360 NW ENTERPRISE DRIVE PORT ST. LUCIE FLORIDA OPPORTUNITY PRESENTED BY.
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1 NET FREESTANDING LEASED FREESTANDING WAREHOUSE WAREHOUSE IN ST. LUCIE BUILDING WEST 13,392 WITH S.F. SECURED WAREHOUSEPAVED BUILDING YARD + 3 AREA AC. OFFOR SECURED SALEYARD 360 NW ENTERPRISE DRIVE PORT ST. LUCIE FLORIDA OPPORTUNITY PRESENTED BY Thomas R Gibson, Buckeye Broker Street Suite Palm Beach trg@assetspecialists.com Gardens FL Thomas R. Gibson, Broker trg@assetspecialists.com 3710 Buckeye Street Suite Palm Beach Gardens FL 33410
2 OFFERING HIGHLIGHTS OFFERING HIGHLIGHTS ±30,000 Square Foot Free Standing Warehouse Building Situated on a ±2.00 Acre Lot with a Secured and Paved Yard Area Recently renovated by the current tenant with ±2,790 sf of office space built out ±21 24 Clear Ceiling Heights Seven (7) Dock Height Loading Doors 425 Amps of Three Phase Electric 100% Fire Sprinkled Located in the Prime Industrial District in St. Lucie West with Easy Access to I-95 and the Turnpike TENANT AND LEASE SYNOPSIS Currently leased by SCP Distributors LLC one of three wholesale networks that comprise POOLCORP POOLCORP (NASDAQ: POOL) is the World s largest wholesale distributor of swimming pool supplies POOLCORP has more than 100,000 wholesale customers, 3,800 employees and 300 locations worldwide SCP Distributors LLC is in the 3rd year of a five year lease that commenced in January of 2017 The Tenant is on a Net Lease with the third year base rent to the Landlord being $190, The Landlord is responsible for the cost of Insurance estimated at $14, per year making the true NOI ±$176, The Tenant s base rent escalates by 3% annually and includes 2 5 (five year) renewal options PROPERTY DETAILS Legal Address 360 NW Enterprise Drive, Port St. Lucie, FL Parcel Control Number Zoning Description Gross Building Area Warehouse Industrial Port St. Lucie ±30,000 Square Feet NOI ±$176, CAP Rate 6.64% Asking Price $2,666,667.00
3 SPACE PLAN
4 LOCATION OVERVIEW Location Highlights Immediate access to I-95 via St. Lucie West Boulevard Located in the prime industrial district in St. Lucie West Enterprise Industrial Park Corporate neighbors include Oculus, City Electric, Daltile, Trane, Hajoca & more Port St. Lucie was recently recognized as the 4th fastest Real Estate Market in the US In the heart of it all: This property is surrounded by a mix of commercial, retail and residential developments The St. Lucie West DRI contains ±7,579 built out residential units ±48,723 planned residential units will be in the surrounding DRIs Destinations Distance (Miles) Travel Time Interstate mins The Florida Turnpike mins Downtown Stuart mins 360 NW ENTERPRISE DR Vero Beach mins Palm Beach International Airport mins About the City of Port St. Lucie With more than 164,000 residents, the City of Port St. Lucie is Florida s ninth largest city by population. It occupies an area of 116 square miles in St. Lucie County on Florida s east coast, about 50 miles north of West Palm Beach, half way between Miami and Orlando. Over the years, this bustling community has transitioned from a residential bedroom community to one of Florida s fastest growing and dynamic cities. St. Lucie West is a 4,600-acre Planned Unit Development (PUD) which surrounds St. Lucie West Boulevard east of I-95 in Port St. Lucie. This community contains more than 6,000 families, 200 businesses and employs over 7,500 people. Local Demographics Snapshot Population 164,603 # of Households 60,512 Median HH Income $50,829.00
5 AREA MAP SUBJECT PROPERTY INDIAN RIVER STATE COLLEGE TOWN ST. LUCIE WEST
6 SURROUNDING MASTER-PLANNED COMMUNITIES 400 NW ENTERPRISE ATLANTIC OCEAN ST. LUCIE RIVER
7 Asset Specialists, Inc. Thomas R. Gibson, Broker Darryn Dunn, Associate Commercial Real Estate Services Buckeye St., #100, Palm Bch Grdns, FL
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