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FOR LEASE Downtown Fort Pierce Portfolio · 2019. 4. 25. · hub of St. Lucie County for more than...

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AVENUE A N 5TH ST ORANGE AVE US HWY 1 N 7TH ST N 6TH ST 1 2 3 4 Accelerating success. 1 2 3 4 • Historic landmark building included in offering • Multiple parcels with three individual buildings, all immaculately maintained • Prominently positioned at Orange Avenue and US Highway 1 intersection • Positive area demographics • Proximity to area amenities • Buildings are occupied by a mix of tenants • Located within the City of Fort Pierce, the hub of St. Lucie County for more than 100 years • Easy access to surrounding markets via I-95 to the west • Minutes to the Fort Pierce Marina and Hutchinson Island, a popular location for both tourists and Florida residents • Asking Price: $3,500,000 Positioned in the City of Fort Pierce on Florida’s Treasure Coast, the portfolio comprises three buildings and six additional parcels being utilized as parking lots. The flagship of the portfolio is the Arcade Building located at 101 N US Highway 1. Exhibiting truly unique architecture, the building has been immaculately maintained to reflect its historic past. All three buildings are occupied by a mix of office and retail tenants with a value-add opportunity. The portfolio is an ideal investment in landmark properties positioned in a city focused on continued growth and development, while still retaining its Florida charm. FOR LEASE | 101 N US HIGHWAY 1 | 145 N US HIGHWAY 1 | 415 AVENUE A Downtown Fort Pierce Portfolio colliers.com/southflorida VIEW ONLINE Colliers International 2385 NW Executive Center Drive Suite 350 Boca Raton, FL 33431 P: +1 561 353 3650 Tom Burst Senior Vice President +1 561 346 4705 [email protected]
Transcript
  • AVENUE A

    N 5TH ST

    ORANGE AVEUS HW

    Y 1

    N 7TH ST

    N 6TH ST

    1

    23

    4

    Accelerating success.

    1

    2

    3

    4

    • Historic landmark building included in offering

    • Multiple parcels with three individual buildings, all immaculately maintained

    • Prominently positioned at Orange Avenue and US Highway 1 intersection

    • Positive area demographics

    • Proximity to area amenities

    • Buildings are occupied by a mix of tenants

    • Located within the City of Fort Pierce, the hub of St. Lucie County for more than 100 years

    • Easy access to surrounding markets via I-95 to the west

    • Minutes to the Fort Pierce Marina and Hutchinson Island, a popular location for both tourists and Florida residents

    • Asking Price: $3,500,000

    Positioned in the City of Fort Pierce on Florida’s Treasure Coast, the portfolio comprises three buildings and six additional parcels being utilized as parking lots. The flagship of the portfolio is the Arcade Building located at 101 N US Highway 1. Exhibiting truly unique architecture, the building has been immaculately maintained to reflect its historic past. All three buildings are occupied by a mix of office and retail tenants with a value-add opportunity. The portfolio is an ideal investment in landmark properties positioned in a city focused on continued growth and development, while still retaining its Florida charm.

    FOR LEASE | 101 N US HIGHWAY 1 | 145 N US HIGHWAY 1 | 415 AVENUE A

    Downtown Fort Pierce Portfolio

    colliers.com/southflorida

    VIEW ONLINE

    Colliers International2385 NW Executive Center Drive

    Suite 350Boca Raton, FL 33431

    P: +1 561 353 3650

    Tom Burst Senior Vice President

    +1 561 346 [email protected]

    https://www2.colliers.com/Properties/downtown-fort-pierce-portfolio/USA-101-n-us-highway-1-fort-pierce-fl-34950/USA1056854

  • 1 2 3

    Building Name Executive Center The Arcade Building Montgomery Building

    Address 415 Avenue A 101 N US Highway 1 145 N US Highway 1

    Building Type 3-Story Office 2 story Historic Office/Retail/Mixed-Use 1-Story Office/Retail

    Size ±14,799 SF ±31,604 SF ±2,885 SF

    Total RBA ±10,232 SF ±23,013 SF ±2,885 SF

    Year Built 1923, refurbished 2001 1926, refurbished 2002 1926, refurbished 2001

    Construction Masonry Block with stucco, pilaster frame, 12’ wall height

    Masonry Block with stucco, pilaster frame, 12’ wall height

    Concrete Block with stucco, 10’ wall height

    RoofCombination of steel I-beam with wood joists above, wood roof deck

    with built-up waterproofing

    Combination of steel I-beam with wood joists above, wood roof deck with

    built-up waterproofing. Decorative barrel roof tiles over trusses

    Combination of steel I-beam with wood joists above, wood roof deck with built-up

    waterproofing

    Improvements Elevator, mechanical system, refurbished restrooms

    Elevator, central HVAC -

    1

    2

    3

    FOR SALE | DOWNTOWN FORT PIERCE PORTFOLIO

    Core Building Information

    CLOCKWISE FROM TOP LEFT: 415 Avenue A building, 101 N US Highway 1 building, 145 N US Highway 1 building

  • PROPERTY DETAILS

    Property Address Property Type Building Size Land Size Parcel Number

    Property 1 415 Avenue A 3-Story Office ±14,799 SF ±8,400 SF 2410-506-0005-000-3

    Property 2 145 N US Highway 1 1-Story Office/Retail ±2,885 SF ±4,550 SF 2410-506-0001-000-5

    Property 3 101 N US Highway 1 2 story Historic Office/Retail ±31,604 SF ±1.04 AC 2410-506-0006-000-0

    Property 4 Avenue A lot Parking lot 415 between Ave A & 145 US 1 - +0.18 AC 2410-506-0003-000-9

    Property 5 135 N US Highway 1 Parking lot between 101 US 1 & 145 US 1 - ±0.16 AC 2410-506-0002-000-2

    Property 6 Avenue A Parking lot north side of Avenue A - ±0.28 AC 2410-503-0115-000-8

    Property 7 410 Avenue A Parking lot north side of Avenue A - ±8,750 SF 2410-503-0113-000-4

    Property 8 414 Avenue A Parking lot north side of Avenue A - ±0.3 AC 2410-503-0114-000-1

    Property 9 N 5th Street Parking lot north side of Avenue A - ±0.14 AC 2410-504-0024-000-6

    US HWY 1

    ORANGE AVEN 5TH ST

    AVENUE A 1 4

    2

    5

    3

    98 76

    FOR SALE | DOWNTOWN FORT PIERCE PORTFOLIO

    PROPERTY AERIAL OVERVIEW

  • Accelerating success.

    The properties are located in northern St. Lucie County, in the City of Fort Pierce on Florida’s Treasure Coast. The portfolio is positioned at the northwest quadrant of the intersection of Orange Avenue and US Highway 1, with frontage along both major roadways. The properties offer easy access to surrounding markets via I-95 to the west, while also offering connections to Florida’s Turnpike via Okeechobee Road to the southwest. The area is also served by Treasure Coast Airport, which is just minutes from the properties. The assets are surrounded by a mix of commercial development and amenities that include restaurants, the Fort Pierce City Marina and the Downtown Farmers’ Market of Fort Pierce. The sites are located in the heart of Downtown Fort Pierce, minutes from Hutchinson Island, a popular location for both tourists and Florida residents.

    LOCATION OVERVIEWLOCATION OVERVIEWThe properties are located in northern St. Lucie County, in the City of Fort Pierce on Florida’s Treasure Coast. The portfolio is positioned at the northwest quadrant of the intersection of Orange Avenue and US Highway 1, with frontage along both major roadways. The properties offer easy access to surrounding markets via I-95 to the west, while also offering connections to Florida’s Turnpike via Okeechobee Road to the southwest. The area is also served by Treasure Coast Airport, which is just minutes from the properties. The assets are surrounded by a mix of commercial development and amenities that include restaurants, the Fort Pierce City Marina and the Downtown Farmers’ Market of Fort Pierce. The sites are located in the heart of Downtown Fort Pierce, minutes from Hutchinson Island, a popular location for both tourists and Florida residents.

    EXECUTIVE SUMMARY

    PAGE 3

    Population Average Income Households

    61,978 $53,291

    2018 DEMOGRAPHIC SNAPSHOT - 5 MILE RADIUS

    26,109

    US HIGHWAY 1

    Subject Site

    Downtown Fort Pierce

    Fort Pierce Marina

    Main Street Fort Pierce

    PAGE 3COLLIERS INTERNATIONAL

    COLLIERS INTERNATIONAL WESTVIEW PLAZA II | PAGE 9

    Westview Plaza II is located in the Master-Planned City of St. Lucie West in St. Lucie County on South Florida's Treasure Coast. The area is served by both the Interstate 95 and Florida's Turnpike, the main north-south arterials in the South Florida region, in addition to the Florida East Coast Rail, Port of Fort Pierce and the Treasure Coast Airport. The asset is positioned just south of the St. Lucie West Boulevard Interstate 95 Interchange, offering easy access to surrounding markets. The property is surrounded by a mix of commercial, recreational and residential properties and has excellent accessibility to local area amenities on the main east-west thoroughfare of St. Lucie West Boulevard. The site is equidistant to both Miami and Orlando submarkets and their corresponding International airports, with West Palm Beach and Vero Beach 30 minutes to one hour away, respectively.

    LOCATION OVERVIEW

    Westview Plaza II DISTANCE TO FLORIDA CITIES DISTANCE DRIVING TIME

    West Palm Beach 55 miles 55 minutes

    Fort Lauderdale 100 miles 1 hour 30 minutes

    Miami 120 miles 1 hour 50 minutes

    Vero Beach 26 miles 39 minutes

    Orlando 126.5 miles 1 hour 50 minutes

    Jacksonville

    Town Place at St. Lucie

    West

    Subject Site

    Miami

    Fort Pierce

    Orlando•

    Subject Site

    colliers.com/southflorida

    12A BuouyDave’s Diner

    On The Edge Bar & Grill

    Manatee Island Fort Pierce

    Harbor CoveBar & Grill

    Dino’s Family Restaurant

    Airport Tiki

    Charlene’s Coyote Grill

    Eckle’s Restaurant & Lounge

    Location Overview

    Area Overview

    This document has been prepared by Colliers International for advertising and general information only. Colliers

    International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding

    the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should

    undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally

    all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is

    the copyrighted property of Colliers International and/or its licensor(s). ©2018. All rights reserved.

    VIEW ONLINE

    Colliers International2385 NW Executive Center Drive

    Suite 350Boca Raton, FL 33431

    P: +1 561 353 3650

    Tom Burst Senior Vice President +1 561 346 [email protected]

    Contact us:

    Subject SiteFort Pierce Marina


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