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2090 Us 1
Saint Augustine, FL 32086 Greater St Augustine

$1,300,000 USD

General Retail For Sale  •  1,281 SF

Property Details

  • Property Type General Retail
  • Total Building Size 1,281 SF
  • Building Class C
  • Year Built 2022
  • Cap Rate 5.50 %
  • Tenancy Single
  • Zoning CG
0 Transit Score
56 Walk Score

Highlights

Long-term corporately backed ground lease to leading auto services provider
Excellent visibility (40,000 VPD along US 1) and access from signalized intersection
Absolute Net ground lease provides passive ownership and stable cash flow
10% rent increases ever 5 years provides hedge against inflation
St. Johns County ranked as the #1 fastest growing County in Florida in 2022 and boasts $150,000 AHII within 3 miles
Take 5 Oil Change operates over 900 locations in the US and Canada and is owned by Driven Brands, the largest automotive services company in N America

Property Flyers

Cap Rate: 5.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Take 5 Oil Change

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Patrick Wagor 561-427-6699 Atlantic Capital Partners
Patrick Wagor 561-427-6699 Atlantic Capital Partners