Description
We are pleased to present this opportunity. Duffy’s Sports Grill is a single-tenant restaurant investment offered for sale at 3001 SW Port St. Lucie Boulevard in Port St. Lucie, Florida. The 7,250-square-foot freestanding building is priced at $4,580,000, or approximately $632 per square foot, at a reported 7.25% capitalization rate and $332,066 in net operating income.
Built in 2018, the property occupies approximately 1.88 acres and is fully leased to Duffy’s Sports Grill under a corporate-guaranteed NN lease. Broker materials report that the lease commenced in August 2021, expires in August 2031 and includes 3% annual rent increases.
The restaurant is positioned as a Walmart outparcel along SW Port St. Lucie Boulevard, with visibility and access within a major retail corridor. Nearby national retailers include Walmart, Aldi, Publix, Dollar Tree, Planet Fitness, Home Depot, Target and Starbucks.
Offering Summary
- Asking Price$4,580,000
- Price PSF$632
- Property TypeRetail
- Size7,250 SF
- Available7,250 SF
- Occupancy100%
- Built2018
- Total Acres~1.88 ac
Sale Details
- Cap Rate7.25%
- NOI$332,066
Documents
Property Address
Property Details
- Property Type
Retail - Gross Leasable Area
7,250 SF
Deal Team
