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150-170 Village Commons Dr
Saint Augustine, FL 32092
Vlg Cmns Dr., Saint Augustine, FL 32092 · Property For Sale
·
52,070 SF Total


Executive Summary
Northmarq, as exclusive agent, is proud to offer for sale to qualified investors the opportunity to acquire the fee-simple interest in Parkway Village at St. Johns, a 52,070-square-foot Publix-anchored neighborhood center constructed in 2022 and located in St. Augustine, FL — within the rapidly growing Jacksonville MSA, approximately 30 miles south of Downtown Jacksonville.
Located at a high-traffic intersection with over 70,000 vehicles daily, the center is anchored by a 35,000+ square-foot Publix prototype and is 100% leased to a strong mix of national and service-oriented tenants, providing stable income with a weighted-average lease term of more than 9 years.
Situated in affluent, fast-growing St. Johns County, the property benefits from strong demographics, significant nearby residential development, and limited grocery competition. Its location within the Jacksonville MSA and the World Commerce Center further enhances long-term growth prospects, positioning Parkway Village as a high-quality, grocery-anchored investment with durable cash flow and upside potential.
Located at a high-traffic intersection with over 70,000 vehicles daily, the center is anchored by a 35,000+ square-foot Publix prototype and is 100% leased to a strong mix of national and service-oriented tenants, providing stable income with a weighted-average lease term of more than 9 years.
Situated in affluent, fast-growing St. Johns County, the property benefits from strong demographics, significant nearby residential development, and limited grocery competition. Its location within the Jacksonville MSA and the World Commerce Center further enhances long-term growth prospects, positioning Parkway Village as a high-quality, grocery-anchored investment with durable cash flow and upside potential.
Property Facts
| Price / SF | $473.40 / SF | Number of Properties | 3 |
| Cap Rate | 5.15% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 52,070 SF |
| Status | Active | Total Land Area | 11.34 AC |
| Price / SF | $473.40 / SF |
| Cap Rate | 5.15% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 52,070 SF |
| Total Land Area | 11.34 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Parkway Village Dental Care
205 Village Commons Dr, Saint Augustine, FL 32092 |
Office | 4,190 SF | 2022 | - |
|
Publix GreenWise Market
150-170 Village Commons Dr, Saint Augustine, FL 32092 |
Retail | 44,764 SF | 2022 | - |
| 145 Village Commons Dr, Saint Augustine, FL 32092 | Retail | 3,116 SF | 2022 | - |
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