410 Outlet Mall Blvd | Saint Augustine, FL 32084
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- LoopNet Team
410 Outlet Mall Blvd
Saint Augustine, FL 32084
Texas Roadhouse · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New Texas Roadhouse (2023 Construction) with a 15 year initial term and 10% Increases every 5 Years
- Site experiences 86,000 VPD on I-95, and will benefit from the under construction 350-unit apartment community on 14 acres adjacent to the property
- Annual Population Growth is 3% Per Year within a 1-3 Mile Radius of the subject property
- Ground Lease allows for 100% Management Free Ownership (Absolute NNN)
- Texas Roadhouse is paying a below market rent of $21.71 PSF in a High Growth Market (Rent and Demographics)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,883 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.10 AC
Zoning
PUD - Planned Unit Development
Parking
147 Spaces (18.77 Spaces per 1,000 SF Leased)
Frontage
239’ on Outlet Mall Boulevard
PROPERTY TAXES
| Parcel Number | 086535-0030 | Improvements Assessment | $1,982,154 |
| Land Assessment | $914,760 | Total Assessment | $2,896,914 |
PROPERTY TAXES
Parcel Number
086535-0030
Land Assessment
$914,760
Improvements Assessment
$1,982,154
Total Assessment
$2,896,914
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