145 Beachwalk Shore Dr
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145 Beachwalk Shore Dr
8,200 SF 100% Leased Retail Building Saint Johns, FL 32259 £4,807,397 (£586/SF) 6% Net Initial Yield
Investment Highlights
- Multi-Tenant Outparcel | 5-Tenant Lineup | New Lease Terms | 2024 Construction
- NNN Leases | Fee Simple Ownership | No State Income Tax | Limited Landlord Responsibilities
- Part of New Development | New Retail Construction | Tenant Synergy and Crossover Store Exposure
- Directly Across Publix Anchored Center | Dense Retail Corridor
- Interstate 95 (116,000 VPD) | Fronting County Rd. 210 (16,500 VPD) |Ideal Visibility & Accessibility
- St. Johns County | Impressive Projected Annual Growth Rates
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
8,200 SF
Building Class
C
Year Built
2024
Price
£4,807,397
Price Per SF
£586
Net Initial Yield
6%
NOI
£288,460
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.13
Lot Size
1.42 AC
Zoning
C - Commercial
Parking
72 Spaces (8.78 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Nearby Major Retailers
1 of 12
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145 Beachwalk Shore Dr
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