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CR 210 & Beachwalk Blvd
Saint Johns, FL 32259
Retail Property For Sale
Investment Highlights
- New 20-year Lowe’s Ground Lease with annual rent increases in Florida’s fastest growing County (7% annual population growth)
- Rare Lowe’s lease with annual rent increases provides hedge against inflation
- Strategic location serving award winning master-planned communities with over 11,500 single family homes
- Current base rent equates to $3.18/SF and recent comps suggest the 16.68 Acre parcel is worth more than the purchase price
- Lowe’s is a Fortune 500 company that operates +/- 1,800 stores and has an investment grade credit rating
- $137,134 AHHI in 3 miles with the second lowest unemployment rate in FL at 1.9%
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
109,881 SF
Building Class
A
LoopNet Rating
5 Star
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
16.68 AC
Zoning
C - Commercial
Parking
299 Spaces (2.72 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 023700-0167 | Improvements Assessment | $0 |
| Land Assessment | $1,922,374 | Total Assessment | $1,922,374 |
Property Taxes
Parcel Number
023700-0167
Land Assessment
$1,922,374
Improvements Assessment
$0
Total Assessment
$1,922,374
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