This 6,700 SF light industrial building is 100% occupied. This is a true passive investment, backed by a global tenant and structured as an absolute triple net (NNN) lease. Landlord expenses? None. Tenant covers property taxes, insurance, and all operating costs, leaving you with pure net income. The lease terms deliver predictable returns starting at $115,575 annually, and growing each year, making it a safe haven for capital with better upside than a bond or CD. Positioned just outside Downtown Stuart, this property benefits from excellent logistics access & a stable, demand-driven market. With no deferred maintenance, a clean lease structure, & a high-quality tenant in place, this asset is ideal for investors seeking long-term, set-it-and-forget-it income w/ underlying real estate value.
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Central Air
- Exterior Type: Stucco
- Exterior Type: Block
- Exterior Type: Concrete
- Floors: 1
- Heating System: Central
- Legal Description: A PARCEL OF LAND LYING IN 9-38-41 COMMENCING AT THE NE CORNER OF THE NW 1/4 OF SEC 9 CONT SW ALONG THE E LINE OF SAID N
- MLSID: M20050123
- Parking Spaces: 15