7 Brew Absolute NNN Ground
2875-A State Road 16, St Augustine, FL 32092
For Sale
Contact for pricing
A single-tenant coffee property carries a newly executed long-term lease with scheduled rent increases.
Property SizeContact for details
Days on Market13
Property Features for 2875-A State Road 16
General Information
Standard status
Property subtype
Additional Details
Tenant in Place
Building Details
Tenancy
Listing Agency:
SRS Real Estate Partners Tampa
Listed By:
Patrick Nutt · License FL BK3120739
(954) 302-7365
Source:
Crexi
Added: Oct 28
Changed: Nov 8
Last Checked: Nov 8 at 4:23PM
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 SRS Real Estate Partners Tampa
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 7 Brew coffee property is structured as a single-tenant absolute NNN ground lease. The tenant has signed a new 20-year lease, with four additional five-year extension options. Rent increases by 10% every five years during the initial term and at the start of each option period.
Key Highlights
- Single‑tenant absolute NNN ground lease
- New 20‑year lease with 4 (5‑Year) extension options
- 10% rent increases every 5 years during the initial term and at the start of each option period
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Explore this area
Business Placement
Demographics for 32092, FL
43,691
Population
18,403
Households
2.4
Avg Household Size
40
Median Age
49%
College-Educated
94%
High-School Grad
124.1 sq mi
ZIP Area
352
Density / Sq Mi
$122,655
Median Household Income
$58,855
Median Earnings
$2,087
Median Rent
$464,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - A single-tenant coffee property carries a newly executed long-term lease with scheduled rent increases.
Where is this nnn property located?
The property is located at 2875-A State Road 16 St Augustine, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Single‑tenant absolute NNN ground lease; New 20‑year lease with 4 (5‑Year) extension options; 10% rent increases every 5 years during the initial term and at the start of each option period
