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Starbucks 1685 US Highway 1 S 3,950 SF Retail Building Saint Augustine, FL 32084 $3,447,000 ($872.66/SF) 5.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Single Tenant Starbucks w/ Drive-Thru – NN Lease
  •  Six (6) Five (5) Year renewal options with to extend
  • Cross access with the adjacent Seabridge Square Shopping Center
  • New Starbucks Lease with over 9+ Years remainin
  • 2019 original construction which has been retrofit by Starbucks

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,950 SF
Building Class
C
Year Built
2019
Price
$3,447,000
Price Per SF
$872.66
Cap Rate
5.25%
NOI
$180,968
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.85 AC
Zoning
2200
Parking
28 Spaces (7.09 Spaces per 1,000 SF Leased)
Frontage
125’ on U.S. 1

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Starbucks
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Starbucks Accommodation and Food Services 99,999 SF - Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

Starbucks
Carrabba's Italian Grill
Valley National Bank
PNC Bank
VyStar Credit Union
Truist
Outback Steakhouse
Chili's Grill & Bar
Applebee's
LongHorn Steakhouse

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
134940-0051
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,168,736
  • Listing ID: 33115085

  • Date on Market: 9/9/2024

  • Last Updated:

  • Address: 1685 US Highway 1 S, Saint Augustine, FL 32084

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