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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
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
| Parcel Number | 087770-0020 | Improvements Assessment | $0 |
| Land Assessment | $569,642 | Total Assessment | $569,642 |
Property Taxes
Parcel Number
087770-0020
Land Assessment
$569,642
Improvements Assessment
$0
Total Assessment
$569,642
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