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Seaway Plaza
600 North US Highway One
Fort Pierce, FL
19,183 Sq. Ft.
Property Facts
| Building Area: | 19,183 Sq. Ft. |
| Property Configuration: | 249 Linear Feet on U.S. Highway One |
| Parcel Size: | .92 Acres |
| Year Built: | 1920 |
| Construction: | Concrete Block and Stucco |
| Zoning: | PUR Planned Unit |
| Traffic Count: | 31,262 AADT |
| Building Height: | Single Story |
| Use: | Retail/Office/Shopping Center |
Property at Purchase
| Purchase Price: | $1,125,000.00 |
| Purchase Price PSF: | $58.64 |
| Occupancy at Purchase: | 40% |
| Average Rent PSF At Purchase: | $8.00 PSF |
After Renovation and Transformation
| Current Replacement Cost Value: | $225 PSF |
| Occupancy After Two Years of Ownership: | 75.00% |
| Average Rent PSF After Renovation: | $15.00 PSF |
| Renovation Capital Expenditures: | $15.00 PSF |
