NNN and Net Lease Properties in St. Lucie County
St. Lucie County net lease deals are single-tenant retail, QSR, pharmacy, and service assets where the tenant carries taxes, insurance, and maintenance. The county currently shows 7 active for-sale retail listings in our feed, the segment where most net-leased product surfaces, at a median asking price of $1,695,000. We broker both sides of this market.
Retail and single-tenant listings in St. Lucie County
| Active for-sale retail listings | 7 |
| Active for-lease retail listings | 0 |
| Median asking price (for sale) | $1,695,000 |
| Median asking price per SF | $462 / SF |
Retail feed listings are the closest public proxy for the net-lease universe; single-tenant deals surface in the MLS as retail. Computed from active MLS feed data, refreshed daily. Data as of 2026-07-03.
How net lease trades in St. Lucie County
St. Lucie is where South Florida net-lease buyers go for yield and new construction. Port St. Lucie's population growth has pulled a wave of single-tenant development to Tradition, St. Lucie West, and the US-1 and Gatlin Boulevard corridors, so this is the one county in our footprint where a buyer can regularly find a brand-new building, a fresh 15-year corporate lease, and a cap rate wider than anything comparable in the tri-county.
The trade-off is location maturity: rooftops are still filling in around some corridors, and underwriting has to separate corners that are already proven from those priced on the growth story. For sellers and merchant developers, the deep national 1031 bid for new-construction Florida net lease means St. Lucie product markets well beyond the local buyer pool.
Observed asking cap rates on marketed St. Lucie net-lease deals have generally run from the high 5s for new-construction corporate deals in Tradition and St. Lucie West to the low and mid 7s for older product, franchisee credit, or Fort Pierce locations. Observed asking ranges from marketed inventory, not a quote.
St. Lucie County net lease FAQ
What cap rates do NNN properties in St. Lucie County trade at?
Observed asking cap rates on marketed St. Lucie net-lease deals have generally run from the high 5s for new-construction corporate deals in Tradition and St. Lucie West to the low and mid 7s for older product, franchisee credit, or Fort Pierce locations. Observed asking ranges from marketed inventory, not a quote.
What kinds of net lease tenants are active in St. Lucie County?
The most active single-tenant categories we see trading in St. Lucie County are New-construction QSR and coffee, convenience-fuel, dollar stores, urgent care and dental, auto parts, and medical outparcels around the Cleveland Clinic Tradition campus. Tenant mix shifts with the corridor, so we always read the specific lease and location together.
Is St. Lucie County a good market for 1031 exchange buyers?
St. Lucie punches above its weight with 1031 buyers nationally: exchangers priced out of compressed markets specifically target new Florida net-lease construction here, and the combination of fresh lease term and wider yield fits the classic exchange mandate almost perfectly.
Do you have off-market net lease deals in St. Lucie County?
Yes. A meaningful share of net-lease transactions in St. Lucie County never reach public marketing: sellers test pricing quietly against buyer mandates first. Get on our off-market list with your criteria (tenant type, price band, minimum term) and we match new inventory against it as it surfaces.