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The Town Place Portfolio 2 Office Properties in Saint Augustine, FL
Investment Highlights
- INSTITUTIONAL QUALITY INCOME PRODUCING OFFICE COMPLEX
- GREAT LOCATION / NEARBY AMENITIES / DENSE TRADE AREA
- VALUE-ADD ON AN ALREADY STRONG IN-PLACE CASH FLOW
Executive Summary
SVR Commercial, as exclusive advisor, is privileged to present the opportunity to acquire The Town Place Portfolio located at 101 East Town Place & 475 West Town Place, St. Augustine, FL (Jacksonville MSA) (the “Property”). The Property consists of Two adjacent office buildings totaling 75,362 rentable square feet, situated on 4.4 acres of land.
The Town Place Portfolio offers investors a rare opportunity to acquire a historically stabilized asset that is 96.3% occupied by a diverse group of well-regarded corporate, national, and regional office tenants, including Brown Jordan International, who are headquartered at this location, Spartan Orthopedic Institute, First Tee of North Florida, Farmer Insurance, Elite DNA Behavioral Health, May Management, and many others. This property also has a strong executive suite component that is lacking or non-existent in many other nearby competitors, with each building having its own conference rooms for the executive suite floors.
The Town Place Portfolio offers investors a rare opportunity to acquire a historically stabilized asset that is 96.3% occupied by a diverse group of well-regarded corporate, national, and regional office tenants, including Brown Jordan International, who are headquartered at this location, Spartan Orthopedic Institute, First Tee of North Florida, Farmer Insurance, Elite DNA Behavioral Health, May Management, and many others. This property also has a strong executive suite component that is lacking or non-existent in many other nearby competitors, with each building having its own conference rooms for the executive suite floors.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 81,829 SF |
| Number of Properties | 2 | Total Land Area | 4.41 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 81,829 SF |
| Total Land Area | 4.41 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Gateway Commons
475 West Town Pl, Saint Augustine, FL 32092 |
Office | 50,188 SF | 2000 | - |
|
Double Eagle Office Building
101 E Town Pl, Saint Augustine, FL 32092 |
Office | 31,641 SF | 1997 | - |
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Contacts
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Jeffrey Terwilliger -
Lenny Degirolmo -
Tyler Powell -
Chris Woodward -
SVR Commercial
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The Town Place Portfolio
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