Investment Overview
PREMIER INDUSTRIAL MULTI TENANT INVESTMENT OFFERING
± 37,110 Square Feet | St. Johns Florida
Zoning: IW (Industrial Warehouse)
Loading: Grade Level
Total Land: 2.21 Acres
Utilities: City Water & Sewer
Year Renovated: 2025
NOI: +/- $519,264.50
Investment Highlights
- The property is in an ideal location with great proximity to US-1 and I-95.
- Ideal suite sizes for St Johns County.
- Stabilized, strong income-producing asset with diversified tenancy and staggered lease expirations. The business park has a proven long term occupancy history, demonstrating extreme stability through all real estate cycles.
- High Barrier To Entry: With rising construction and land costs coupled with extended development construction timelines, the property offers investors instant cashflow in a growing market.
- 2025 Capital Improvements: New roof, building shell, exterior paint, roll up doors, plumbing, electrical, lighting, tenant separation firewalls, landscaping, parking lot resurfacing and striping.
- WALT: ±4 Years.
- Due Diligence Materials: 2024 Survey, ESA phase I environmental report, and Building Inspection report available for review.