1750 Tree Blvd 5,200 SF 100% Leased Office Building Saint Augustine, FL 32084 $1,850,000 ($355.77/SF) 6.68% Cap Rate
INVESTMENT HIGHLIGHTS
- An exceptional investment opportunity in the heart of St. Augustine!
- The lease will transfer with the sale, ensuring immediate income for the new owner!
- This 5,200+ sq ft medical office building is home to a long-standing doctor’s office
EXECUTIVE SUMMARY
An exceptional investment opportunity in the heart of St. Augustine! This 5,200+ sq ft medical office building is home to a long-standing doctor’s office with a recently renewed 10-year lease in place — providing stable, long-term cash flow for the next decade. The lease will transfer with the sale, ensuring immediate income for the new owner!
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
5,200 SF
Building Class
B
Year Built
1986
Price
$1,850,000
Price Per SF
$355.77
Cap Rate
6.68%
NOI
$123,500
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,200 SF
Building FAR
0.30
Lot Size
0.40 AC
Zoning
PUD - Planned Unit Development
1 of 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $479,246 | |
| Land Assessment | $0 | Total Assessment | $479,246 |
