Fully Occupied Strip
For Sale
$3,890,000
100 Center Creek Rd, St Augustine, FL 32084
Established tenants, on-site parking, and access to major commercial corridors support the property’s operating profile.
Property Size19,796 SF
Price / SF$196.50
Days on Market123
Property Features for 100 Center Creek Rd
General Information
Standard status
Active
Size
19,796 SF
Property subtype
Commercial
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Year Built
2011
Buildings
1
Tenancy
Multi
Listing Agency:
COLDWELL BANKER VANGUARD REALTY
Listed By:
Bobbie Jean Demunck · License #3283740
(904) 704-1208
Source:
Viewhomesonameliaisland
Added: Jun 13
Changed: Oct 1
Last Checked: Oct 12 at 7:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER VANGUARD REALTY
Investment Insights
Based on property information with market context.
This 19,796-square-foot commercial property includes the building and underlying land, with full occupancy and established tenants in place. Built in 2011, the asset is offered as a single property and includes a large on-site parking lot.
The property is located at 100 Center Creek Rd in St. Augustine, near Lewis Speedway and the SR 16 commercial corridor. Access to US 1, Historic Downtown St. Augustine, nearby residential communities, schools, and local businesses places the site within an established commercial setting in St. Johns County. Financial information, rent roll, lease details, and operating expenses are available to qualified buyers under a confidentiality agreement.
The property is located at 100 Center Creek Rd in St. Augustine, near Lewis Speedway and the SR 16 commercial corridor. Access to US 1, Historic Downtown St. Augustine, nearby residential communities, schools, and local businesses places the site within an established commercial setting in St. Johns County. Financial information, rent roll, lease details, and operating expenses are available to qualified buyers under a confidentiality agreement.
Key Highlights
- 100% occupied commercial property with established tenants
- 19,796 square feet on the building and land offered together
- Built in 2011
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$223,738
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,474,760
$4.5M
Cap Rate 7%
$3,196,257
$3.2M
Cap Rate 9%
$2,485,978
$2.5M
Market Conditions
NOI Build-Up for 19,796 SF
Gross rent
$356.3K $18.00/SF
− Vacancy
−$36.7K −$1.85/SF
EGI
$319.6K $16.15/SF
− OpEx
−$95.9K −$4.84/SF
NOI
$223.7K $11.30/SF
Area
St. Johns County, FL
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,474,760
Cap Rate 7%
$3,196,257
Cap Rate 9%
$2,485,978
Alternative Uses
Best Use
Retail
$3.20M
$2.80M – $3.73M
NOI $223,738 @ 7.0% cap · market cap 5.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.28M
$4.62M – $6.16M
NOI $369,631 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Explore this area
Business Placement
Demographics for 32084, FL
34,526
Population
17,839
Households
1.9
Avg Household Size
45
Median Age
32%
College-Educated
91%
High-School Grad
45.1 sq mi
ZIP Area
766
Density / Sq Mi
$72,965
Median Household Income
$38,611
Median Earnings
$1,534
Median Rent
$295,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Strip mall - Established tenants, on-site parking, and access to major commercial corridors support the property’s operating profile.
Where is this strip mall located?
The property is located at 100 Center Creek Rd St Augustine, FL.
What is the asking price?
The asking price for this property is $3,890,000.
What are key features of this property?
This property features: 100% occupied commercial property with established tenants; 19,796 square feet on the building and land offered together; Built in 2011
