Investment Overview

Marcus & Millichap is pleased to present 4204 Okeechobee Road, a ±140,000 SF industrial property situated on just under 12 acres in Fort Pierce, Florida. The building is delivered in shell condition, offering a blank-slate platform for a tenant or owner-user to customize the space to meet a wide range of operational needs, including light manufacturing, distribution, or other industrial uses. The expansive site features approximately 644 surface parking spaces, ample truck maneuvering capability, and the potential for outdoor storage or expanded operational uses, providing a level of flexibility that is increasingly difficult to find in the submarket. The property is directly attached to the Renaissance Business Park, a well-established mixed-use business campus totaling approximately 360,000 SF of industrial, flex, and office space. The broader site has a history as a former regional mall, underscoring the scale of the parcel and the strength of its underlying infrastructure. The subject building itself was formerly occupied by Sears and most recently served as the main administrative office for St. Lucie County Public Schools, highlighting its ability to accommodate large-scale users and institutional operations. Strategically positioned along Okeechobee Road, the site is located just minutes from Interstate 95 and Florida’s Turnpike, providing immediate access to South Florida, Central Florida, and statewide distribution corridors. The surrounding area continues to benefit from a growing industrial submarket, with nearby Class-A logistics and distribution developments demonstrating strong tenant demand and signaling continued market confidence. Compared to core South Florida markets, Fort Pierce offers lower acquisition and operating costs while still maintaining excellent access to population centers, ports, and regional transportation infrastructure. The combination of a large, well-located parcel, extensive parking field, shell building condition, and adjacency to an established business park presents a unique opportunity to tailor the facility to a wide range of industrial users. This offering is well suited for owner-users seeking operational control or investors pursuing value creation through targeted buildout and lease-up, making 4204 Okeechobee Road a compelling industrial opportunity in the Treasure Coast market.