Retail    

St. Augustine Retail Strip Center

 St. Augustine, Florida

Asking Price

$3,882,000

Cap Rate

6.75%

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Occupancy

100%

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Year Built

2014

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Square Feet

8,620 SF

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5-Mile Incomes

$102K+

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NOI

$262,066

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Strong Credit Profile: Cajun Crab Hut, The Vitamin Shoppe & Batteries Plus Bulbs
  • Near New 312-Unit Multi-Family Development
  • Excellent Demographics: $102K AHHI | 2.2% Expected Annual Population Growth
  • Bustling Retail Corridor with +10M Annual Visits
  • Healthy Rent-to-Sales Ratio & $500K Property Investment
  • US Hwy 1 Frontage - 15.3M Annualized Traffic Count
  • Located on Signalized Hard Corner
  • Income Tax-Free State

Exclusively Listed By

Anne Perrault

Vice President
  aperrault@northmarq.com   

Ryan Butler

Senior Vice President & Managing Director
  rbutler@northmarq.com   

Brad Moulder

Senior Vice President
  bmoulder@northmarq.com   

David Annett

Senior Associate
  dannett@northmarq.com   

Brandon Sherrill

Senior Associate
  bsherrill@northmarq.com   

Jacob Ryan

Senior Associate
  jryan@northmarq.com   

Joe Habighorst

Investment Analyst
  jhabighorst@northmarq.com   

Cole Surrett

Investment Analyst
  csurrett@northmarq.com   

In Association With

Jason Long

FL Broker License #BK3302956

Northmarq

6120 S Yale Ave, Suite 300
Tulsa, OK 74136

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