Contacts
Eric Carlton
Jereme Snyder
Robert Selton
Property Details
- Property Type Other
- Property Size 6,115 SF
- Lot Size 1.72 SF
- Additional Rent Contact for pricing
- Date Updated Nov 20, 2024
The Snyder Carlton National Net Lease Team is pleased to present an opportunity to purchase a single tenant absolute NNN leased retail asset fully occupied by Outback Steakhouse in St. Augustine, FL. Blooming Brands, which owns Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill, Fleming’s Prime Steakhouse & Wine Bar and Aussie Grill by Outback, operates over 1,450 restaurants worldwide with 87,000+ team members. With over 17 years of successful operating history at this location, 7+ Lease years remaining in the primary term, four 5-year option periods, and annual rental increases, this is an excellent opportunity for an investor seeking zero landlord responsibilities and years of inflation resistant cash flows.
The 6,115 SF building on a 1.72-acre parcel is located on Florida State Road 312 (38,5000 VPD) with great access from Dixie Highway (41,900 VPD) and is positioned in St. Augustine’s premier retail corridor with countless national retailers including Walmart Supercenter, Target, The Home Depot, Lowe’s Home Improvement, Walgreens, CVS, Publix, ALDI, Starbucks, McDonald’s, Chickfil-A and more.
This is a wonderful opportunity to acquire an absolute NNN leased retail asset in St. Augustine’s busiest retail corridors with zero landlord responsibilities, annual rent increases, a corporate backed lease and strong demographics providing years of worry-free income.
Available
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Getting around
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55/100
Walk Score ®
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58/100
Bike Score ®
Location
- City St. Augustine, FL
- Neighborhood Portion Of Prepall Grant
- Zip Code 32086
- Market Jacksonville
Points of Interest
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Citgo
0.88 miles
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BP
0.99 miles
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Speedway
1.08 miles
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Mobil
1.10 miles
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Freedom Oil
1.15 miles
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Circle K
1.22 miles
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Sunoco
1.29 miles
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Shell
1.67 miles
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Tesla Supercharger
2.04 miles
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ChargePoint
6.76 miles
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Oldest House Parking Lot
1.64 miles
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Flagler College Parking Garage
1.81 miles
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Public Parking
1.94 miles
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NPS Lot 1
2.12 miles
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NPS Lot 5
2.16 miles
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Historic Downtown Parking Facility
2.24 miles
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Mission of Nombre de Dios Parking
2.68 miles
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Old Town Overflow Lot
2.95 miles
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TRYP by Wyndham Sebastian Saint Augustine
1.57 miles
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Saint Francis Inn Bed and Breakfast
1.60 miles
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Homewood Suites by Hilton St Augustine San Sebastian
1.66 miles
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The Collector Luxury Inn & Gardens
1.69 miles
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At Journey's End Bed and Breakfast
1.69 miles
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Peace & Plenty Inn
1.70 miles
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Penny Farthing Inn Bed and Breakfast
1.70 miles
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Cedar House Inn
1.71 miles
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Bayfront Westcott House Bed and Breakfast
1.75 miles
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The Kenwood Inn
1.75 miles
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Bealls Outlet
0.14 miles
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Big Lots
0.16 miles
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Marshalls
0.35 miles
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Ross
0.37 miles
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ALDI
0.41 miles
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Publix
0.45 miles
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Belk
0.50 miles
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Sears
0.59 miles
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Bealls
0.68 miles
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Target
0.69 miles
In-Depth Research Available for this Property
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