3070 US Highway 1 S - Storefront Retail/Office FOR SALE


Saint Augustine, FL 32086
$5,200,000 USD
904-672-1443
3070 US Highway 1 S, Saint Augustine, FL for Sale
$5,200,000 USD
Storefront Retail/Office - FOR SALE
1/45
null | Request Cap Rate

May '25


3070 US Highway 1 S
Saint Augustine, FL 32086


HIGHLIGHTS

  • 24,153 SF Available For Lease With a Dock High Door in 2026 or With a 120 Day Notice to Mattress Firm
  • Approximately 250 Feet of Frontage on US Federal Hwy 1
  • 40,000 Vehicles Per Day (VPD) Fronting Property
  • Upon Relocation, 2026, Mattress Firm Will Pay More Than Double Their Current Rent/SF
  • Attractive $159 Price per Squarefoot
  • Located in Saint Johns County | 8th Fastest Growing County in the Nation

OVERVIEW

Marcus & Millichap's | Simon Retal Group is pleased to present a 32,634 SF mixed-use freestanding building located at 3070 US Highway 1 in St. Augustine, FL. With approximately 250 feet of frontage on US Hwy 1, the main north/south artery in and surrounding St. Augustine with 40,000 Vehicles Per Day (VPD), this property has great visibility and curb appeal. Situated on 2.6 acres, the structure was built in 2006, the roof was most recently renovated in 2023, and has been occupied by Mattress Firm since 2014. Currently, they occupy 74% of the building, 24,153 SF, and are scheduled to relocate on or before 8/31/26 into adjacent 8,481 SF and pay more than double their current Rent/SF. The 24,153 SF space has a dock-high door and an open floor plan that can be utilized for retail, hybrid, flex, medical office, or as a last-mile fulfillment center with commercial general (CG) zoning. Within 5 miles of this property, there are 71,286 people in the heart of St. Johns County which is the 4th fastest growing county in the United States. According to the Bureau of Economic and Business Research at the University of Florida, St. Johns County is expected to grow its population by ~52% over the next 25 years, from 337,400 people in 2025 to 513,900 in 2050.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$159 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Mattress Firm

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

2.6 AC

LAND SF

113,256 SF

ZONING

CG

APN/PARCEL ID

244780-0233

ASK ABOUT THIS PROPERTY

Simon GrigoryanMarcus & Millichap | Simon Retail GroupMore Info
904-672-1443

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Simon GrigoryanMarcus & Millichap | Simon Retail GroupMore Info
904-672-1443

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.