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975 S Ponce de Leon Blvd
Saint Augustine, FL 32084

$3,798,000 USD

Office For Sale  •  7,457 SF

Property Details

  • Property Type Office
  • Total Building Size 7,457 SF
  • Lot Size 1.29 AC
  • Building Class B
  • Year Built 1983
  • Cap Rate 5.69 %
  • Tenancy Multiple
  • Zoning CM-2
0 Transit Score
61 Walk Score

Description

This unique property offers a protruding corner on US1 distinguishing it from many others in the area. With a front next to the intersection of 207 & US1, this property offers more than what meets the eye. The office building was renovated in 2013 to bring it into the modern age. It boasts luxury office suites with an open environment feel while providing enough privacy for more than one business. A distinguishing aspect of the building is a large warehouse space that makes up a portion of the main building. Another characteristic of this property is the fenced and gated large storage lot behind the building which features an additional building housing a smaller warehouse and office. This property currently has a high rent roll, including the storage lot behind, enticing the savviest investors.

Highlights

Fronts directly on US1 just south of 207 intersection

Property Flyers

Cap Rate: 5.69 %

Major Tenants

Tenant SF Occupied Lease End Date
Blue Water Canvas 1,000 SF
I-DOC 150 SF
The Hardy Group, Inc. 5,000 SF

Amenities

  • 24 Hour Access
  • Controlled Access
  • Fenced Lot
  • Security System
  • Storage Space
  • High Ceilings
  • Recessed Lighting
  • Wi-Fi
  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Richard L. Hardy 904-501-0200 Richard L. Hardy LLC
Richard L. Hardy 904-501-0200 Richard L. Hardy LLC