Publix-Anchored Neighborhood Retail
170 VILLAGE CMNS DR Saint Augustine, FL
170 VILLAGE CMNS DR, Saint Augustine, FL, 00000
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For Sale
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Newly constructed 2022 retail center with a Publix anchor and a fully leased tenant roster serving daily-needs demand.
Property Size52,070 SF
Price / SF$473.40
Days on Market49
Property Features for 170 VILLAGE CMNS DR
General Information
- Standard status
- Active
- Size
- 52,070 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2022
Listing agency
Northmarq Capital, LLC
Listed by
Jason Maier · License #NY 10301215989
Source
Crexi
Added: Jun 3 Updated: Jul 10 at 3:59PM Checked: Jul 20 at 2:44AM
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 Northmarq Capital, LLC
Investment Insights
Based on property information with market context.
Parkway Village at St. Johns is a 52,070-square-foot neighborhood shopping center constructed in 2022, offered for fee-simple acquisition. The center is anchored by a 35,413-square-foot Publix supermarket featuring a “Publix Unique” concept, including high-end finishes, a beer and wine tasting center, an enhanced deli with prepared foods and sushi, and a second-floor terrace with outdoor seating.
The property is located at a high-profile interchange at the intersection of International Golf Parkway and State Road 16, with more than 42,000 vehicles per day reported and surrounded by upscale master-planned communities. Parkway Village sits within the World Commerce Center development. The master-planned project is described as a 1,000-acre plan with future office, industrial, hotel, and residential components, and the property is also noted as being less than two miles from World Golf Village. A deed restriction in place within the World Commerce Center DRI is described as preventing future grocer competition, and the next group of grocery stores is stated to be more than seven miles away.
The center is 100% leased to a mix of national and local tenants including Heartland Dental, Orange Theory Fitness, Supercuts, The Loop, St. Johns Eye Associates, and Glitz & Glam Nail Salon. Lease terms are described as having a weighted average lease term of more than 13.5 years and 15 years of remaining anchor term, supporting a service-oriented tenant mix anchored by Publix.
The property is located at a high-profile interchange at the intersection of International Golf Parkway and State Road 16, with more than 42,000 vehicles per day reported and surrounded by upscale master-planned communities. Parkway Village sits within the World Commerce Center development. The master-planned project is described as a 1,000-acre plan with future office, industrial, hotel, and residential components, and the property is also noted as being less than two miles from World Golf Village. A deed restriction in place within the World Commerce Center DRI is described as preventing future grocer competition, and the next group of grocery stores is stated to be more than seven miles away.
The center is 100% leased to a mix of national and local tenants including Heartland Dental, Orange Theory Fitness, Supercuts, The Loop, St. Johns Eye Associates, and Glitz & Glam Nail Salon. Lease terms are described as having a weighted average lease term of more than 13.5 years and 15 years of remaining anchor term, supporting a service-oriented tenant mix anchored by Publix.
Key Highlights
- 52,070 SF Publix‑anchored neighborhood center constructed in 2022 in St. Augustine, FL (Jacksonville MSA).
- 100% leased tenant roster includes Heartland Dental, Orange Theory Fitness, Supercuts, The Loop, St. Johns Eye Associates, and Glitz & Glam Nail Salon.
- Publix anchor is 35,413 SF and features the “Publix Unique” concept with a beer & wine tasting center, enhanced deli, and second‑floor terrace with outdoor seating.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Shopping centers
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FAQs
What type of property is this?
Shopping center - Newly constructed 2022 retail center with a Publix anchor and a fully leased tenant roster serving daily-needs demand.
Where is this shopping center located?
The property is located at 170 VILLAGE CMNS DR Saint Augustine, FL.
What is the asking price?
The asking price for this property is $24,650,000.
What are key features of this property?
This property features: 52,070 SF Publix‑anchored neighborhood center constructed in 2022 in St. Augustine, FL (Jacksonville MSA).; 100% leased tenant roster includes Heartland Dental, Orange Theory Fitness, Supercuts, The Loop, St. Johns Eye Associates, and Glitz & Glam Nail Salon.; Publix anchor is 35,413 SF and features the “Publix Unique” concept with a beer & wine tasting center, enhanced deli, and second‑floor terrace with outdoor seating.
