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345 Beachwalk Shore Dr
Saint Johns, FL 32259

$7,652,000 USD

Storefront Retail Office For Sale  •  10,841 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 10,841 SF
  • Lot Size 1.73 AC
  • Year Built 2024
  • Cap Rate 6.00 %
  • Tenancy Multiple
0 Transit Score
17 Walk Score

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
Cap Rate: 6.00 %
Patrick Wagor 561-427-6699 Atlantic Capital Partners
Patrick Wagor 561-427-6699 Atlantic Capital Partners