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Retail Center with Absolute NNN Lease
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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 Size17,088 SF
Lot Size2.50 Acres
Days on Market132

Property Features for 2330 Dobbs Rd

General Information

Standard status Active
Size 17,088 SF
Lot size 2.50 Acres
Property subtype Retail
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 2:18PM

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 SURMOUNT

Investment Insights

Based on property information with market context.

Ray’s Commercial Center is offered for sale as an absolute triple-net (NNN) investment. The site includes approximately 17,088 rentable square feet of building space on an estimated 2.50-acre parcel of land. The property is subject to a 20-year absolute NNN lease that will commence upon Close of Escrow.

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

Property Analytics

Current Use

Ray's Commercial Auto Repair Shop Ray's Good Year (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Hotel & Motel Grocery & Convenience Store Storage Facility Law Firm Home Appliance Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

818
Businesses Nearby
1k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Pet Paradise Shops & Services
978 visits/mo 0.4 miles
Safelite AutoGlass Shops & Services
468 visits/mo 0.3 miles

Demographics for 32086, FL

31,452
Population
15,696
Households
2
Avg Household Size
51
Median Age
33%
College-Educated
92%
High-School Grad
65.8 sq mi
ZIP Area
478
Density / Sq Mi
$74,508
Median Household Income
$40,571
Median Earnings
$1,536
Median Rent
$342,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Ray’s Commercial Center is leased under a 20-year absolute triple-net structure with scheduled 2% annual rent increases.
Where is this nnn property located?
The property is located at 2330 Dobbs Rd St Augustine, FL.
What are key features of this property?
This property features: 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
(332) 345-4222 Call to check price and availability
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