Publix-Anchored Neighborhood Retail
For Sale
Contact for pricing
Pending
170 VILLAGE CMNS DR, Saint Augustine, FL
Newly constructed 2022 retail center with a Publix anchor and a fully leased tenant roster serving daily-needs demand.
Property Size52,070 SF
Days on Market70
Property Features for 170 VILLAGE CMNS DR
General Information
Standard status
Pending
Size
52,070 SF
Class
A
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$1,269,348
Site & Location
Traffic Count
42,000 vehicles/day
Highway Access
Yes
Building Details
Year Built
2022
Units
8
Tenancy
Multi
Listing Agency:
Northmarq Capital, LLC
Listed By:
Jason Maier · License #NY 10301215989
Source:
Crexi
Added: Jun 3
Changed: Aug 8
Last Checked: Aug 11 at 6:17AM
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
Current Use
Lease Details
42,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,136
Businesses Nearby
142k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 46%
Shops & Services 25%
Dining 21%
Apparel 6%
Renaissance St. Augustine Historic Downtown Hotel
Hotels & Casinos
46,491 visits/mo
0.5 miles
Earthbound Trading Company
Shops & Services
20,840 visits/mo
0.1 miles
Best Western Historic Bayfront
Hotels & Casinos
19,419 visits/mo
0.1 miles
Kilwin's
Dining
17,034 visits/mo
0.1 miles
Chase Bank
Shops & Services
14,542 visits/mo
0.2 miles
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
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.
