1324 Mattie St and 1745 Lakeside Ave
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.
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