Search
Starbucks-Anchored Retail Center For Lease

155 Palencia Village Dr, St Augustine, FL 32095

For Lease
Contact for pricing

Retail center with flexible floorplans, ideal for diverse businesses.

Space Size1,521 SF - 2,465 SF
Property Size21,579 SF
Days on Market808

Property Features for 155 Palencia Village Dr

General Information

Standard status Active
Size 1,521 SF - 2,465 SF
Property subtype Retail, Office, Restaurant
Lease Type NNN

Building Details

Building Size 21,579 SF
Year Built 2007
Tenancy Multiple

Spaces For Lease

at 155 Palencia Village Dr Contact us

Suite 101 Active

Size 1,521 SF
Contact us

Suite 102-104 Active

Size 2,465 SF
Contact us
Listing Agency: Cantrell & Morgan
Listed By: Kayla Deguzman
Source: Crexi
Added: Aug 24, 2024 Changed: Oct 29 Last Checked: Nov 8 at 7:55AM

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 Cantrell & Morgan

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Mercado Walk is a Starbucks-anchored retail center located at the main entrance of the Palencia Community. It is currently undergoing renovations and offers a variety of flexible floorplans to suit diverse business needs. Available space includes a 2nd generation medical space, suitable for healthcare providers. The property is located in Saint Johns County, one of the fastest-growing and most affluent areas in Florida. The county has one of the highest per capita and median household incomes in the state.

Key Highlights

  • Located in Saint Johns County, one of the fastest‑growing and most affluent areas in Florida.
  • Anchored by Starbucks at the entrance to the Palencia Community.
  • 2nd generation medical space available, ideal for healthcare providers.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Starbucks Cafe & Coffee Shop

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Pharmacy Kitchen & Bath Showroom Garden Center HVAC Service

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

Lease Details

NNN (Triple Net)
Lease Type
$5.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

287
Businesses Nearby

Demographics for 32095, FL

16,607
Population
6,997
Households
2.4
Avg Household Size
42
Median Age
53%
College-Educated
96%
High-School Grad
57.4 sq mi
ZIP Area
289
Density / Sq Mi
$124,556
Median Household Income
$51,986
Median Earnings
$1,576
Median Rent
$485,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for St Augustine, FL

$21.15 /SF/Yr
Avg Asking Price
$2.5–$38 /SF/Yr
Price Range
6,388 SF
Avg Space Size

This space is priced 75% above the average of $21.15 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in St Augustine, FL

$21.12 Jul
$19.81 Aug
$22.28 Sep
$19.93 Oct

Properties on Market for Retail space in St Augustine

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Retail center with flexible floorplans, ideal for diverse businesses.
Where is this retail space located?
The property is located at 155 Palencia Village Dr St Augustine, FL.
What is the lease rate?
The lease rate is $37 SF/Yr.
What are key features of this property?
This property features: Located in Saint Johns County, one of the fastest‑growing and most affluent areas in Florida.; Anchored by Starbucks at the entrance to the Palencia Community.; 2nd generation medical space available, ideal for healthcare providers.
(904) 302-6930 Call to check price and availability
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved