Investment Opportunity - Fully Leased 13,436 SF Warehouse Facility 6.50% Cap
$2,127,000
1324 Mattie Street, St. Augustine, FL 32084
13,436 sqft
Building Size
0.72 acres
Lot Area
Details:
Highlights:
- Zoning: Industrial Warehousing (IW)
- Fully Leased NNN Investment - 6.50% Cap!
- 30’ Ceiling Height!
- Adjacent 0.30-Acre Leased Lot Also Available
Description:
Fully leased 13,436-square-foot warehouse facility on approximately 0.72 acres, featuring office space and a mezzanine level. The building is leased on a NNN basis through February 28, 2028, with 3% annual rent increases and one two-year renewal option, and is offered at a 6.50% cap rate. The warehouse offers an impressive 30-foot ceiling height, providing vertical clearance for storage and operational flexibility. Located within an Industrial Warehouse (IW) zoning district, the property accommodates a broad range of commercial and industrial uses. The adjacent leased 0.30-acre IW lot is also available for purchase with the building.
Located between State Road 207 and US-1 S.
Documents:
Location
Gallery
