LAKEWOOD PARK PLAZA has established upside potential. One way to maximize the upward potential of this fast-growing commercial plaza is to focus on the diverse tenant mix. You can increase foot traffic and keep the demand for any vacant rental space by attracting different demographics and needs. The upside in the past five years has boosted rents, while most tenants remain; they are being brought up to market rent. Fort Pierce has become an economic development area. Turnpike Feeder Road's connection to I95 makes it a central hub and continues fast-growing communities. This plaza sits directly in the heart of the road. Tenants remain and continue to grow their business. Additionally, investing in amenities like green space and seating could enhance community events.
1.43 Private Acres Exterior Space
Commercial
$14,928 Annual Tax
Built in 1981
MLS/Listing ID RX-11035346
15 Stories
Concrete
Listing Courtesy of WATSON REALTY CORP, PAULA ZALUSKI - 561-707-5812
Source of Data: BEACHESMLS