Starbucks 1685 US Highway 1 S 3,950 SF Retail Building Saint Augustine, FL 32084 £2,596,970 (£657.46/SF) 5.25% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Single Tenant Starbucks w/ Drive-Thru – NN Lease
- Six (6) Five (5) Year renewal options with to extend
- Cross access with the adjacent Seabridge Square Shopping Center
- New Starbucks Lease with over 9+ Years remainin
- 2019 original construction which has been retrofit by Starbucks
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,950 SF
Building Class
C
Year Built
2019
Price
£2,596,970
Price Per SF
£657.46
Net Initial Yield
5.25%
NOI
£136,341
Tenancy
Single
Number of Floors
1
Building FAR
0.11
Lot Size
0.85 AC
Zoning
2200
Parking
28 Spaces (7.09 Spaces per 1,000 SF Leased)
Frontage
125 ft on U.S. 1
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Starbucks
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Starbucks | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 134940-0051 | Improvements Assessment | £923,827 |
| Land Assessment | £504,544 | Total Assessment | £1,428,371 |
