609 SE Central Pkwy, Stuart

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609 SE Central Pkwy, Stuart

stuart, FL 34994
Asking Rate
Contact for rate
Asset Type
Office
Class
Class B

What's Special

609 SE Central Pkwy is situated in Stuart, Florida, within a developed commercial and professional corridor. The property is positioned near the intersection of Southeast Ocean Boulevard and Southeast Monterey Road, providing direct access to local transit routes and neighboring residential communities. The surrounding area features a mix of medical facilities, retail centers, and local government offices. Amenities including dining options, banking services, and fuel stations are located within a one-mile radius. The site is approximately five miles from Interstate 95 and Florida's Turnpike, facilitating regional connectivity across Martin County. The property is suited for administrative, professional, or medical office use. Its layout and location favor tenants seeking proximity to the Martin County courthouse complex and Cleveland Clinic Martin South Hospital. Typical occupants include legal practices, accounting firms, insurance agencies, and healthcare providers. The building’s configuration supports both private office suites and collaborative workspaces, catering to small to mid-sized businesses requiring a central position within the Stuart business district. The site offers dedicated on-site parking for employees and visitors.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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