1680 Osceola Elementary Rd, Saint Augustine, FL, 32084

1680 Osceola Elementary Rd Saint Augustine, FL 32084

Saint Augustine
FOR SALE
Property Type:
Street Retail
Amount:
$2,350,000
Last Verified:
Jan 22, 2024

Highlights

  • Strategically situated in a prime location within St. Augustine on Highway 207
  • Offers high visibility and easy accessibility. Proximal to residential areas and other healthcare facilities, ensuring a steady patient flow and convenient access for healthcare seekers.
  • Large 200+ unit residential development recently approved to be constructed immediately behind building
  • Fresenius has already implemented 2 of the 4, 5-year options to extend, demonstrating dedication to this facility
  • Value-add opportunity to bring in new tenant at market rate

Description

The Sandberg Monette Team presents a compelling investment opportunity in a modern two-tenant medical office facility located in the thriving city of Saint Augustine, Florida. This premier property is home to two reputable tenants, one of which is Fresenius, a global leader in renal care, ensuring a stable and secure income stream. The other, a local Doctor, has thrived at this location since its original construction. With two esteemed tenants, this investment offers diversification and risk mitigation. This dual-tenant structure ensures that even in the event of a vacancy, the property maintains a strong cash flow.

Multi-Tenant Retail Investment Building in Saint Augustine, Florida


Year Built: 2001
Building Size: 9206sq ft
Lot Size: 1.2 acres


Documents

1680 Osceola Elementary Road - OM - SMT

Map of 1680 Osceola Elementary Rd, Saint Augustine, FL, 32084

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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