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701 market St - Village Square at Palencia 3,255 SF Office/Retail Condo Unit Offered at $1,200,000 in Saint Augustine, FL 32095
Executive Summary
Fully renovated and includes 3 office condos are being sold as a package offering. Positioned for annual escalations on a 5-10yr lease.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 6 |
| Cap Rate | 8.00% |
| Sale Type | Investment |
| Cap Rate | 8.00% |
| No. Parking Spaces | 6 |
Description
Class A Mixed-Use Condo Building in European Village within Palencia.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 111 | 3,255 SF | Office/Retail | $1,200,000 ($368.66/SF) | $96,000 |
Unit 111
| Unit Size |
| 3,255 SF |
| Condo Use |
| Office/Retail |
| Price |
| $1,200,000 ($368.66/SF) |
| NOI |
| $96,000 |
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Unit 111
| Unit Size | 3,255 SF |
| Condo Use | Office/Retail |
| Price | $1,200,000 ($368.66/SF) |
| NOI | $96,000 |
| Sale Type | Investment |
| Cap Rate | 8.00% |
| No. Parking Spaces | 6 |
| Description | |
| Class A Mixed-Use Condo Building in European Village within Palencia.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 49,856 SF | Typical Floor Size | 16,529 SF |
| Property Type | Office (Condo) | Year Built | 2007 |
| Property Subtype | Loft/Creative Space | Lot Size | 0.58 AC |
| Building Class | A | Parking Ratio | 0.12/1,000 SF |
| Floors | 3 | ||
| Zoning | PUD - Planned Unit Development | ||
| Total Building Size | 49,856 SF |
| Property Type | Office (Condo) |
| Property Subtype | Loft/Creative Space |
| Building Class | A |
| Floors | 3 |
| Typical Floor Size | 16,529 SF |
| Year Built | 2007 |
| Lot Size | 0.58 AC |
| Parking Ratio | 0.12/1,000 SF |
| Zoning | PUD - Planned Unit Development |
Amenities
- 24 Hour Access
- Controlled Access
- Conferencing Facility
- Golf Course
- Accent Lighting
- Hardwood Floors
- Outdoor Seating
- Air Conditioning
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Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
40/100
NNN Tenant Information
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Benefit Planners, Inc. |
-
|
March 2031
|
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
701 market St - Village Square at Palencia