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3440 US Highway 1 S
Saint Augustine, FL 32086 Greater St Augustine

$2,000,000 USD

General Retail For Sale  •  3,900 SF

Property Details

  • Property Type General Retail
  • Total Building Size 3,900 SF
  • Lot Size 0.1 AC
  • Building Class B
  • Year Built 2006
  • Cap Rate 4.25 %
  • Tenancy Multiple
  • Zoning CG
0 Transit Score
35 Walk Score

Highlights

Acquire a fully leased 3,900-square-foot dual-tenant commercial asset with stable income flow from established tenants.
Rare opportunity with exceptional pylon and building signage visibility along US Highway 1 S with exposure to over 40,000 vehicles per day (VPD).
Flexible General Commercial (CG) zoning allows for a roster of retail, restaurant, office, service-oriented, and light medical uses.
Below-market rents provide investors with immediate in-place cash flow while presenting a compelling value-add opportunity.
Cap Rate: 4.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Old City Subs 1,950 SF
The Woké Poké 1,950 SF

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Dan Siari 904-664-9471 STA Realty
Dan Siari 904-664-9471 STA Realty