5180 Turnpike Feeder Road 5180 /1-15
Fort Pierce, Florida

MLS#: RX-11035346

$2,499,000 USD

  • Total rooms
    15
  • Minimum sellable space
    899m²  (9,672ft²)
The details

Property features

Construction details

  • Year built: 1981
  • Roofing: composition/shingle

Area

  • Property size: 899m²  (9,672ft²)
  • Land/Lot size: 5,787m²  (1.43ac)
  • Bathrooms: 15
  • Total rooms: 15

Description

LAKEWOOD PARK PLAZA has established upside potential. One way to maximize the upward potential of this fast-growing commercial plaza is to focus on the diverse tenant mix. You can increase foot traffic and keep the demand for any vacant rental space by attracting different demographics and needs. The upside in the past five years has boosted rents, while most tenants remain; they are being brought up to market rent. Fort Pierce has become an economic development area. Turnpike Feeder Road's connection to I95 makes it a central hub and continues fast-growing communities. This plaza sits directly in the heart of the road. Tenants remain and continue to grow their business. Additionally, investing in amenities like green space and seating could enhance community events.

Location

Fort Pierce, Florida
Courtesy of Paula M Zaluski Juste Real Estate LLC