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NNN Ground-Lease Property

2875-B State Road 16, St Augustine, FL 32092

For Sale
Contact for pricing

A convenience store and gas station are subject to a new lease with scheduled rental increases and extension options.

Property SizeContact for details
Days on Market13

Property Features for 2875-B State Road 16

General Information

Standard status Active
Property subtype Retail

Automotive

Automotive Uses fuel station
Convenience Store Yes

Tenancy & Operations

Tenant in Place Yes
In-Place Lease Type Absolute NNN
Current Tenants Circle K
Real Estate Included Yes
Listing Agency: SRS Real Estate Partners Tampa
Listed By: William Wamble · License FL SL3257920
Source: Crexi
Added: Oct 28 Changed: Nov 8 Last Checked: Nov 8 at 4:48PM

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

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.

This NNN property is leased to Circle K for use as a convenience store and gas station. The newly established lease has a 15-year term, scheduled rental increases, and options to extend.

The property is at 2875-B State Road 16 in St. Augustine, Florida, within a new retail development.

Key Highlights

  • 15‑year lease with scheduled rental increases
  • Lease includes options to extend
  • Convenience store and gas station at 2875‑B State Road 16 in St. Augustine, Florida

Property Analytics

Current Use

Gas stations

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Tech Support Center Travel Agency Real Estate Agency

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

9
Businesses Nearby

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
NNN property - A convenience store and gas station are subject to a new lease with scheduled rental increases and extension options.
Where is this nnn property located?
The property is located at 2875-B State Road 16 St Augustine, FL.
What is the asking price?
The asking price for this property is $3,980,000.
What are key features of this property?
This property features: 15‑year lease with scheduled rental increases; Lease includes options to extend; Convenience store and gas station at 2875‑B State Road 16 in St. Augustine, Florida
(813) 434-8278 Call to check price and availability
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