• 427 S Market Avenue, Fort Pierce, FL 34982
    MLS# RX-10608173
  • Listing Agent Thomas Rouse
  • Broker Coldwell Banker Paradise
  • Office Phone 7725897777
  • On Site 250 Days
  • Updated 7 Hours ago
  • Status Active
  • NEIGHBORHOOD Fort Pierce
  • Built 1990
  • 250
  • 1990
  • Other
  • 20112
  • $1,425,000

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Property Description
This is a Sale Lease back of this 20,112 SF. Industrial Bldg on 1.38 Acres. Real Stone & Granite is expanding. Upon sale of this facility Real Stone & Granite will lease back at $10,094.00 / Month NNN- Yeilding an investor 8 1/2 % cap rate ($6.00 sqft NNN). Lease term of 2 years + option to renew for 2-3 additional years. Building can be seperated into four 4,750 sqft bays for multiple tenants each bay has plumbing for a bathroom and two 15 ft bay doors per unit on each side of building. Agreement in place for Extra parking on the County Buidling parking lot located behind facility. Building has ample power with a 3 phase 400 amp electrical system. Building has 19,000 sqft on first with a second floor office space of 1,112 sqft giving it a combined total of 20,112 sqft.
Property Features
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Coldwell Banker Paradise
broker reciprocity
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright 2015 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.
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