Log In/Sign Up
Your email has been sent.
25 Foundry Ln - Walmart Super Center @ World Golf Village 24.49 Acres of Commercial Land Offered at $22,900,000 in Saint Augustine, FL 32092
Investment Highlights
- Brand New 20–Year Lease with Walmart | Absolute NNN Ground Lease — No landlord management obligations
- Walmart is the most sought-after big box retailer by 1031 exchange buyers in the country
- Part of the affluent World Golf Village corridor — The fastest growing suburban zone in St. Johns County
- Walmart is investment grade credit boasting one of the strongest credit ratings available — S&P Rating of ‘AA’
- St. Johns county is one of the fastest growing markets in the country & site is located in the strongest & fastest growing retail nodes in the county
- Tremendous visibility directly on International Golf Parkway — the market’s primary interstate interchange arterials
Executive Summary
CBRE is pleased to present the exclusive listing for this Brand-New Walmart Supercenter property located at the new World Commerce Center in St. Augustine, Florida. The property is in St. Johns County — one of the fastest growing markets in the country and this site is located directly in the strongest and fastest growing retail nodes in the county. It’s positioned directly on International Golf Parkway, the market’s primary interstate interchange arterial.
This is a 20-year ground lease guaranteed by Walmart, Inc., which boasts one of the strongest credit ratings possible — S&P Rating of ‘AA’ providing one of the most secure investments available in the market today. The ground lease structure provides for truly hands off ownership with no landlord management obligations.
This is a 20-year ground lease guaranteed by Walmart, Inc., which boasts one of the strongest credit ratings possible — S&P Rating of ‘AA’ providing one of the most secure investments available in the market today. The ground lease structure provides for truly hands off ownership with no landlord management obligations.
Property Facts
| Price | $22,900,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Ground Lease (Leased Fee) | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 24.49 AC |
| Zoning | COM - Commercial | ||
| Price | $22,900,000 |
| Sale Type | Investment |
| Sale Condition | Ground Lease (Leased Fee) |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 24.49 AC |
| Zoning | COM - Commercial |
1 Lot Available
Lot
| Price | $22,900,000 | Lot Size | 24.49 AC |
| Price Per AC | $935,075.54 |
| Price | $22,900,000 |
| Price Per AC | $935,075.54 |
| Lot Size | 24.49 AC |
Brand-New Walmart Supercenter property located at the new World Commerce Center in St. Augustine, Florida. The property is in St. Johns County — one of the fastest growing markets in the country.
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 028200-0040 | Improvements Assessment | $0 |
| Land Assessment | $14,921,912 | Total Assessment | $14,921,912 |
Property Taxes
Parcel Number
028200-0040
Land Assessment
$14,921,912
Improvements Assessment
$0
Total Assessment
$14,921,912
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
25 Foundry Ln - Walmart Super Center @ World Golf Village
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.