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3945 A1A
Saint Augustine, FL 32080 Greater St Augustine

$4,564,132 USD

Restaurant For Sale  •  6,428 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 6,428 SF
  • Lot Size 0.66 AC
  • Building Class B
  • Year Built 1988
  • Cap Rate 7.47 %
  • Tenancy Single
  • Zoning CG-B
30 Transit Score
50 Walk Score

Highlights

Corporate-guaranteed NNN lease with ±10.5 years remaining and four renewal options.
Fixed 3% annual rent escalations provide reliable income growth.
Long Term Lease – 15-year initial base term with over 10 years remaining, coupled with four (4) additional five-year renewal options featuring 3.00% a
Significant Tenant Capital Investment – Trulieve has demonstrated a strong long-term commitment to this location through substantial capital investmen
New Roof – The property benefits from a new roof installed in 2026.
Large Parcel Size – Situated on ±1.06 acres, the property offers strong residual land value and future redevelopment potential.
Cap Rate: 7.47 %

Major Tenants

Tenant SF Occupied Lease End Date
Trulieve

Amenities

  • Pylon Sign
  • Restaurant
  • Storage Space
  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 60
Type: Surface
Included in Rent: Yes
Alexander Machado 305-905-3215 Matthews Real Estate Investment Services
Alexander Machado 305-905-3215 Matthews Real Estate Investment Services