This Retail Property is no longer advertised on LoopNet.com.

2370 State Road 16
Saint Augustine, FL 32084
Retail Property For Sale

Investment Highlights

  • Absolute Triple Net Lease (NNN) – Zero Landlord Responsibilities
  • Store Had Significant Improvements and Renovations in 2017 Including Remodel to New Krystal Concept
  • Corporate Guarantee – The Krystal Company
  • Long-Term Investment Opportunity With 13 Years Remaining and 1% Annual Rent Increases
  • Strong Rent to Sales Ratio - 11.10%
  • High Barriers to Entry

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,091 SF
Building Class
B
Year Built
2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.66 AC
Zoning
CHT
Parking
25 Spaces (4.1 Spaces per 1,000 SF Leased)
Frontage
124’ on State Road 16

Amenities

  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru

About 2370 STATE ROAD 16 , SAINT AUGUSTINE, FL 32084

In Cooperation With SIG RE Services, LLC - Lic. # CQ1055229

Property Taxes

Property Taxes

Parcel Number
087770-0020
Land Assessment
$569,642
Improvements Assessment
$0
Total Assessment
$569,642
  • Listing ID: 17447498

  • Date on Market: 10/14/2019

  • Last Updated:

  • Address: 2370 State Road 16, Saint Augustine, FL 32084

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}