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34384016
34384015

2 Locations For Sale

Coldwell Banker Commercial Premier Saint Augustine
Coldwell Banker Commercial Premier Saint Augustine
Coldwell Banker Commercial Premier Saint Augustine
Listed by Coldwell Banker Commercial Premier Saint Augustine
$5,800,000
1 day on market
Updated 1 day ago

1324 Mattie St and 1745 Lakeside Ave

Details
Property Type Industrial
Sub Type Distribution, Flex (+1)
Square Footage 27,454
Cap Rate 6.25%
NOI $362,689
Tenancy Multi
Year Built 2004
Buildings 2
Acreage 0.300
Zoning PUD, IW
Investment Type Stabilized
Ceiling Height 30

Industrial | 6.25% CAP | 27,454 SqFt

Marketing description

Presenting a compelling industrial portfolio investment opportunity in St. Augustine, featuring two well-positioned properties at 1324 Mattie Street and 1745 Lakeside Avenue. The portfolio includes a 14,018 SF industrial facility built in 2004 and zoned PUD, offering modern functionality, versatile warehouse/distribution space, and potential flexibility for future industrial uses. 1745 Lakeside Avenue is leased to national tenant Pool Corporation, a publicly traded company on the NASDAQ under the ticker symbol POOL, adding strength and credibility to the investment profile. Also included is a fully leased 13,436 SF warehouse facility with office space, mezzanine level, and an additional leased 0.30-acre IW-zoned lot. With impressive 30-foot ceiling height, strong operational utility, and income in place, the portfolio provides investors with a rare opportunity to acquire quality industrial assets in the growing St. Augustine market.

Listing Contacts

Coldwell Banker Commercial Premier Saint Augustine
Coldwell Banker Commercial Premier Saint Augustine
Coldwell Banker Commercial Premier Saint Augustine
Listed by Coldwell Banker Commercial Premier Saint Augustine

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$362,689.32
$30,224.11/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

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