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St. Johns, FL - Beachwalk Shoppes

$5,758,000

145 Beachwalk Shore Drive, St. Johns, FL 32095

Active
Last Updated: 02/22/2025

6.25

Cap Rate

359,900

NOI

Details:
Cap Rate:    6.25%
NOI:    $359,900
Building Size:    8,200 sqft
Lot Area:    1.42 acres
Occupancy:    100%
Year Built:    2024
Zoning:    Commercial
Floors:    1
Description:

• The asset is directly across from a Publix anchored center, further providing consumer traffic in the trade area
• The subject property is ideally located in a dense retail corridor with a handful of nearby national/credit tenants including Starbucks, Walmart Supercenter, CVS, The Home Depot, ALDI, and more
• The site benefits from nearby direct on & off ramp access to Interstate 95, a major thoroughfare serving the east coast (116,000 VPD)
• The property is located along County Rd. 210 (16,500 VPD)
• The 1-mile trade area anticipates a 9.51% projected annual growth rate from 2023-2028
• Population counts exceed 82,000 individuals in the immediate trade area
• Affluent average household income of $157,497 within a 3-mile radius

Map:
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