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Starbucks 1685 US Highway 1 S 3,950 SF Retail Building Saint Augustine, FL 32084 $4,277,895 CAD ($1,083.01 CAD/SF) 5.75% Cap Rate
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
Executive Summary
• Single Tenant Starbucks w/ Drive-Thru – NN Lease
• New Starbucks Lease with 8 years remaining.
• Six (6) Five (5) Year renewal options with to extend
• 2019 original construction which has been retrofit by Starbucks
• Cross access with the adjacent Seabridge Square Shopping Center
• Below market rent
• New Starbucks Lease with 8 years remaining.
• Six (6) Five (5) Year renewal options with to extend
• 2019 original construction which has been retrofit by Starbucks
• Cross access with the adjacent Seabridge Square Shopping Center
• Below market rent
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,950 SF
Building Class
C
Year Built
2019
Price
$4,277,895 CAD
Price Per SF
$1,083.01 CAD
Cap Rate
5.75%
NOI
$245,979 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.85 AC
Zoning
2200
Parking
28 Spaces (7.09 Spaces per 1,000 SF Leased)
Frontage
125’ 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 | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,583,988 CAD |
Property Taxes
Parcel Number
134940-0051
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,583,988 CAD
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Starbucks | 1685 US Highway 1 S
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