

St George St Lease Assignment(Leasehold)
LEASE ASSIGNMENT/KEY MONEY NO FEE SIMPLE REAL ESTATE
Marketing description
250± SF St. George Street Retail Lease Available for Assignment/Assumption
Rare opportunity to secure a small-format retail location on St. George Street in the heart of Downtown St. Augustine’s historic tourism corridor. This offering consists of the assignment and assumption of an existing lease for approximately 250± square feet of retail space, ideally suited for a boutique retail concept, specialty goods, gifts, apparel, accessories, artisan products, or other compatible retail uses.
St. George Street remains one of the most difficult retail corridors in Northeast Florida to enter, with limited available space, strong pedestrian traffic, and a built-in customer base driven by tourism, hospitality, events, and the surrounding historic district. For operators seeking a compact storefront without the larger overhead of a full-size retail space, this presents a rare chance to establish a presence in one of Florida’s most recognizable destination markets.
Most retail uses are allowed, subject to landlord approval, lease restrictions, and applicable city requirements.
Important Note: This is not fee simple real estate for sale. The offering is for the assignment and assumption of an existing leasehold interest only. No real property is being conveyed. Terms, use, transfer approval, and occupancy remain subject to the existing lease, landlord consent, and any applicable due diligence by the incoming tenant.
Qualified prospects should be prepared to review the lease terms, demonstrate financial and operational capability, and obtain landlord approval prior to assignment.
Investment highlights
250± SF St. George Street Retail Lease Available for Assignment/Assumption
Rare small-format retail opportunity in one of Florida’s most visited historic tourism corridors
Ideal for boutique retail, gifts, apparel, accessories, artisan products, specialty goods, or similar retail concepts
Most retail uses allowed, subject to landlord approval and lease restrictions
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