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- LoopNet Team
37 Epic Blvd
Saint Augustine, FL 32086
McDonald's · Retail Property For Sale
PROPERTY FACTS
Amenities
- Signalised Intersection
- Drive Thru
About 37 Epic Blvd , Saint Augustine, FL 32086
Long-term ground lease - McDonald’s has over ten years remaining on the initial term of its ground lease with 10% increases every five years. Tenant also has four, five-year options with 10% bumps each period. -Zero Landlord Responsibilities - McDonald’s constructed their own building and is responsible for all operating expenses, roof, and structural repairs. With zero landlord responsibilities, the Property is an ideal high-credit passive investment. -Investment grade tenancy - Tenant has a BBB+ (S&P) credit rating, which sets the Property up for very favorable financing. -Strong population growth & household income - Within 7 miles of Epic Village, the average household income is $73,130 and population is expected to grow by almost 12% over the next five years. -E-commerce resistant tenancy - The restaurant industry remains resistant to the threats of e-commerce on the retail market. -Ideal shadow anchor -Epic Theatres is the ideal shadow anchor for the Property, drawing shoppers to the Property from a very wide trade area. Please visit CREXi.com for more information, as well as the Offering Memorandum. https://www.crexi.com/properties/221888/florida-mcdonalds
PROPERTY TAXES
Parcel Number | 102760-0162 | Improvements Assessment | £491,719 |
Land Assessment | £617,610 | Total Assessment | £1,109,329 |
PROPERTY TAXES
Listing ID: 16334257
Date on Market: 13/06/2019
Last Updated:
Address: 37 Epic Blvd, Saint Augustine, FL 32086
The Retail Property at 37 Epic Blvd, Saint Augustine, FL 32086 is no longer being advertised on LoopNet.co.uk. Contact the broker for information on availability.
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