St Johns Retail Investment Opportunity

$1,800,000
For sale
14481 Property ID
1,884 SqFt Size

Description

This St Johns retail investment offers a newly constructed, absolute NNN ground lease with long-term income stability and zero landlord responsibilities in a high-growth Florida market.

Investment Highlights

  • 15-Year Lease Term – Long-term absolute NNN ground lease provides secure, predictable income with scheduled rent increases.
  • Zero Landlord Responsibilities – Tenant is responsible for all expenses, including maintenance, taxes, insurance, and structure.
  • New Construction – Built in 2026, offering modern design and minimal future capital expenditure needs.
  • Strong Franchise Operator – Backed by the largest franchisee within a nationally recognized automotive service brand.
  • Ground Lease Structure – Investor benefits from land ownership with long-term passive income generation.
  • Tax-Advantaged Location – Situated in Florida, a state with no personal income tax.
  • Dense Residential Growth – Surrounded by multiple large-scale housing developments that provide a built-in and expanding customer base.
  • Retail Synergy – Located adjacent to a grocery-anchored retail center within a dense commercial corridor.
  • Excellent Traffic Exposure – Near Interstate 95 with approximately 118,000 vehicles per day and fronting a major county road with strong daily traffic counts.
  • High-Growth County – St. Johns County continues to report impressive annual population and economic growth projections.
  • Affluent Demographics – Immediate trade area supported by strong household incomes, many exceeding six figures.

Address

  • Address St Johns, FL
  • Country United States
  • Province/State
  • City/Town
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Overview

  • Property ID 14481
  • Price $1,800,000
  • Property Type
  • Property status
  • Year Built 2026
  • Size 1,884 SqFt
  • Sub Type Auto Shop, Storefront
  • Investment Type Net Lease
  • Class A
  • Lease Type Absolute NNN
  • Tenant Credit Franchisee
  • Tenancy Single
  • Brand/Tenant Valvoline
  • Lease Term 15 years
  • Lease Commencement 03/01/2026
  • Lease Expiration 02/28/2041
  • Remaining Term 15.2 years
  • Cap Rate 5.00%
  • Occupancy 100%
  • NOI $90,000
  • Zoning Commercial
  • Rent Bumps 10% Every 5 Years Including Options
  • Lease Options 4 (5-Year)
  • Ground Lease Yes
  • Ownership Leased Fee

Contact

Cynthia Hill

Property Agent

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