775 County Road 210 W | Saint Johns, FL 32259
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- LoopNet Team
775 County Road 210 W
Saint Johns, FL 32259
Fifth Third Bank | 20-YR Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Trophy Fifth Third Bank outparcel to Publix and Beachwalk, a 1,200 AC master-planned community featuring 1,260 residences & 400,000 SF of commercial
- Affluent trade area ($149,000 AHHI in 3 miles) with the second lowest unemployment rate in FL at 1.9%
- 20 year lease and large capital investment by tenant demonstrates long-term commitment to this site
- St. Johns County is the fastest growing County in Florida and the 4th fastest growing County in the US
- Rare 20 year ground lease with investment grade tenant (S&P: A-) provides completely passive ownership and stable cash flow
- Priced below replacement cost, low rent ground lease provides potential future upside in rent
PROPERTY FACTS
Property Type
Retail
Property Subtype
Bank
Building Size
1,968 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.00 AC
PROPERTY TAXES
| Parcel Number | 023712-0082 | Improvements Assessment | $727,090 |
| Land Assessment | $917,352 | Total Assessment | $1,644,442 |
PROPERTY TAXES
Parcel Number
023712-0082
Land Assessment
$917,352
Improvements Assessment
$727,090
Total Assessment
$1,644,442
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