Secure long-term income with zero headaches—welcome to 1251 SE Dixie Hwy in Stuart, FL. This 6,700 SF light industrial building is 100% occupied by Rexel USA, Inc., a multinational powerhouse in electrical distribution. Rexel just renewed their commitment with a new 7-year lease extension through April 2032, including two additional 3-year options and 3% annual rent escalations, offering investors both immediate cash flow and reliable future income.
This is a true passive investment, backed by a global tenant and structured as an absolute triple net (NNN) lease. Landlord expenses? None. Rexel 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 and a stable, demand-driven market. With no deferred maintenance, a clean lease structure, and a high-quality tenant in place, this asset is ideal for investors seeking long-term, set-it-and-forget-it income with underlying real estate value.