5 S 3rd Street Unit B

Investment Overview

Positioned in the heart of Historic Downtown Fernandina Beach, this property offers an attractive opportunity for an owner-user or investor seeking a well-located commercial asset in one of Amelia Island’s most desirable and supply-constrained markets. The property is currently offered with a pro forma lease assumption of **$30.00/SF plus estimated NNN/CAM expenses of approximately $8.16/SF**. Based on 1,511 SF, projected annual base rental income and NOI are approximately **$45,330**, with the tenant responsible for reimbursement of property taxes and association/CAM expenses. At the projected NOI, a **5.0% capitalization rate supports an indicated income value of approximately $906,600**. This income potential is complemented by the property's location within a downtown Fernandina Beach market that has experienced continued appreciation in real estate values over time, offering investors the potential combination of current income and long-term asset value. With limited commercial inventory in the historic district, a walkable downtown location, and flexible potential for professional office or other permitted commercial uses, the property presents an opportunity to acquire a distinctive downtown asset with both income-producing and long-term investment appeal. *Pro forma figures are estimates based on assumed lease terms and current expenses and are provided for illustrative purposes only. Actual income, expenses, market value, and investment performance may vary.*

Investment Highlights

• Office investment opportunity at 5 South 3rd Street
• Suitable for owner-users or investors
• Flexible layout for multiple office configurations
• Supports administrative and professional business uses
• Potential for long-term income production
• Adaptable space for future repositioning
• Functional commercial asset with broad appeal
• Strong candidate for portfolio diversification
• Professional setting for business operations