2330 Dobbs Rd, St Augustine, FL 32086
Ray’s Commercial Center is leased under a 20-year absolute triple-net structure with scheduled 2% annual rent increases.
Property Features for 2330 Dobbs Rd
General Information
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Investment Insights
Based on property information with market context.
The annual rent is $246,000 and is scheduled to increase by 2.00% annually throughout the base term and in each of the four (4), five (5)-year renewal options. The property is located at 2330 Dobbs Road in St. Augustine, Florida.
For buyers underwriting stable, long-term NNN cash flow, the lease terms and scheduled rent escalations are key components of the offering.
Key Highlights
- Ray’s Commercial Center at 2330 Dobbs Road, St. Augustine, FL
- 17,088 rentable SF building on an estimated 2.50‑acre parcel
- Subject to a 20‑year absolute triple‑net (NNN) lease with term commencing upon Close of Escrow
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