Portfolio Sale - 7 San Bartola Dr and 1-3 Willard Dr
Industrial | 6.51% CAP | 37,110 SqFt
Marketing description
PREMIER INDUSTRIAL MULTI TENANT INVESTMENT OFFERING
± 37,110 Square Feet | St. Johns County, 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.
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