5180 Turnpike Feeder Road 5180 /1-15
Fort Pierce, Florida 34951, United States

MLS#: RX-11035346

$2,499,000 USD

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

Property features

Date Updated: Nov 9, 2024

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

5180 Turnpike Feeder Road 5180 /1-15, Fort Pierce, Florida 34951, United States
map image
Courtesy of Paula M Zaluski Juste Real Estate LLC