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SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 2,714 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 1
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 2,714 SF | Gross Leasable Area | 2,714 SF |
| Property Type | Retail | Year Built | 1993 |
| Property Subtype | Restaurant | Parking Ratio | 4.42/1,000 SF |
| Total Space Available | 2,714 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 2,714 SF |
| Year Built | 1993 |
| Parking Ratio | 4.42/1,000 SF |
ABOUT THE PROPERTY
Flagship Restaurant Opportunity at the Gateway to Historic St. Augustine 169 King Street, St. Augustine, FL 32084 Now leasing the only available lot in the city approved for 50 feet in height. This is a rare, high-profile location perfectly suited for a restaurant concept ready to capture both local and tourist demand. Key Highlights: Unmatched Visibility and Location Just two lots off US 1 with 16,000 cars per day on US 1 and 9,100 cars per day on King Street. Located at the main entry into downtown St. Augustine, where more than 6 million tourists pass each year. One-of-a-Kind Lot The only available lot in the city permitted for 50 feet of building height, offering the potential for rooftop or upper-level dining with incredible views of the San Sebastian River and historic downtown. Restaurant Ready with Built-In Savings Includes an existing 2,300 square foot concrete block building, constructed in 1993, that can be repurposed to save on construction costs. Already zoned and permitted for restaurant use, with seating entitlements fully paid. Ample Parking and Corner Lot Access Approximately 33 dedicated parking spaces behind the building, with additional on-street parking available. Located on a prominent corner lot with excellent visibility and access. Directly Across from Major Development Located across the street from the approved Broudy Project, which includes a 700-space parking garage, new residential units, and a proposed train station connection to Jacksonville. High-End Hotel Neighbors Surrounded by two new luxury waterfront hotels—The Amalga and Homewood Suites by Hilton—with only one on-site restaurant between them. Two new Marriott hotels are also under construction across the bridge in San Sebastian Harbour, just a five-minute walk away. Positioned for Growth Located at the entrance to the upcoming King Street Corridor Improvement Project, scheduled to begin construction next year. Planned upgrades will enhance walkability, landscaping, and overall appeal of the area. We Are Seeking An experienced and creative restaurant operator ready to build a destination dining experience in one of Florida’s most iconic and visible locations.
NEARBY MAJOR RETAILERS
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169 King St
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