Is pleased to present the opportunity to acquire a corporately guaranteed, NNN Wells Fargo ground lease. The property consists of 4800 sq.ft, freestanding building. There are 8 years remain on a lease which includes 15% escalations every 5 years and within t

5547 SOUTH EAST FEDERAL HWY, Stuart

$1,400,000 USD
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Address5547 SOUTH EAST FEDERAL HWY, Stuart
Type of PropertyRetail
Type of BusinessRetail Space
Price$1,400,000
Previous Price$1,300,000 (79 days ago)
Property StatusActive
MLS NumberA11679793
Property Size26099
Lot Size26099
Year Built1978
Folio Number553841741000000300
Days on Market212

Detailed Description: Is pleased to present the opportunity to acquire a corporately guaranteed, NNN Wells Fargo ground lease. The property consists of 4800 sq.ft, freestanding building. There are 8 years remain on a lease which includes 15% escalations every 5 years and within the single 5 years option. Wells Fargo and its predecessor have operated at this location for over 40 years. The Seller is motivated.

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Address Information
StateFlorida
CityStuart
CountyMartin County
Zip Code34997
Address5547 SOUTH EAST FEDERAL HWY
Section55
Zip Code (4 Digits)8563
Financial Information
Price$1,400,000
Price per Foot$0
Previous Price$1,300,000
Folio Number553841741000000300
Tax Amount$13,321
Full Descriptions
Detailed DescriptionIs pleased to present the opportunity to acquire a corporately guaranteed, NNN Wells Fargo ground lease. The property consists of 4800 sq.ft, freestanding building. There are 8 years remain on a lease which includes 15% escalations every 5 years and within the single 5 years option. Wells Fargo and its predecessor have operated at this location for over 40 years. The Seller is motivated.
Property parameters
Living Area26099
Lot Size26099
Total Acreage0.000
Maximum Leasable Size26099
Year Built1978
Type of PropertyRetail
Type of BusinessRetail Space
Street DirectionSouth East
Listed withCanvas Real Estate