50 Silver Frst Dr St Augustine, FL

This retail property offers an opportunity within the Silverleaf Masterplan Community, which is entitled for up to 17,000 homes. The property has a GLA of 55,950 square feet and includes inline and endcap spaces with patio options available for lease. Additionally, a 0.95-acre pin-corner outparcel space is available for ground lease or build-to-suit. Current tenants include Anytime Fitness, Allstate, Foxtail Coffee, Tersak’s Martial Arts, Silverleaf Dental, and QT Nails. The average single-family home value in Silverleaf was $625,245 in 2023, with 2,680 homes currently occupied. Baptist has purchased 22 acres in SilverLeaf to construct a 300,000 sq. ft hospital campus, with construction scheduled to begin this year and the first buildings opening in 2024. A two-story, 35,000 SF Borland Groover surgery center is also slated to open in Summer 2024. The First Coast Expressway is planned to pass through the project, with a projected completion date of 2030. St. Johns County supports a thriving tourism industry, which generated approximately 2.9 million room nights and $14.4 million in bed tax revenue in 2021. In 2022, Silverleaf was the 3rd fastest growing community in the United States.