345 Beachwalk Shore Dr - Storefront Retail/Office FOR SALE


Saint Johns, FL 32259
$7,652,000 USD
561-427-6699
345 Beachwalk Shore Dr, Saint Johns, FL for Sale
$7,652,000 USD
Storefront Retail/Office - FOR SALE
1/5
null | 6% Cap Rate

345 Beachwalk Shore Dr
Saint Johns, FL 32259


HIGHLIGHTS

  • Irreplaceable corner location that shares a traffic light with Beachwalk, Publix, Starbucks, Chipotle and Panera Bread
  • Rent is secured by mix of national and regional quick-service restaurants and service-based tenants that are actively expanding across the US
  • Tenants reimburse for Taxes, CAM, Insurance and Administration fees
  • Brand new building with transferable roof warranty provides limited maintenance obligations and stable cash-flow
  • Fixed rental increases provides hedge against inflation
  • Fee simple ownership allows for depreciation boosting after tax returns

OVERVIEW

Irreplaceable corner location that shares a traffic light with Beachwalk, Publix, Starbucks, Chipotle and Panera Bread. Rent is secured by mix of national and regional quick-service restaurants and service-based tenants that are actively expanding across the US. Tenants reimburse for Taxes, CAM, Insurance and Administration fees. Brand new building with transferable roof warranty provides limited maintenance obligations and stable cash-flow. Fixed rental increases provides hedge against inflation. Fee simple ownership allows for depreciation boosting after tax returns.

FOR SALE DETAILS

PRICE

$7,652,000 USD

PRICE/SF

$706 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shops at Beachwalk

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.73 AC

LAND SF

75,359 SF

ZONING

-

APN/PARCEL ID

023700-0166,023700-0185

ASK ABOUT THIS PROPERTY

Patrick WagorAtlantic Capital PartnersMore Info
561-427-6699

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Patrick WagorAtlantic Capital PartnersMore Info
561-427-6699

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