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    120 Marketside Ave Ponte Vedra Beach, FL 32081

    For Lease
    Contact for pricing

    Prime Ponte Vedra Beach Retail Opportunity

    Lot size:
    114,159 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail property, located at 120 Marketside Avenue in Ponte Vedra Beach, Florida, offers 114,159 square feet of prime retail space within the thriving Nocatee Town Center. Currently configured as a two-suite strip center, this property presents a unique investment opportunity. The center serves as the primary grocery anchor for the rapidly expanding Nocatee community, consistently ranked among the nation's fastest-growing master-planned communities. With only 2 square feet currently vacant, this property boasts high occupancy rates and demonstrates strong tenant demand. Situated in St. Johns County, Florida, zip code 32081, the property benefits from its strategic location within a high-growth area. The property's address is 120 Marketside Avenue, Ponte Vedra Beach, FL 32081. Its convenient location and strong tenant base make it an attractive investment for discerning buyers seeking a stable and high-performing retail asset. The property's size and configuration provide flexibility for a variety of retail uses, catering to the affluent demographic of the Nocatee community. This is a rare opportunity to acquire a well-established retail center in a highly desirable location. The minimal vacancy further underscores the property's strong performance and potential for continued growth.

    Property Features for 120 Marketside Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    114,159 SF

    Unit(s) available at that property

    Space
    Suite 1001
    Size
    1 SF
    Space
    Suite 1000
    Size
    1 SF

    HighLights

    • Jacksonville market.
    • 114,159 square feet total building area.
    • Two suites currently available for lease.
    • Publix anchored center.
    • 3,277,453 annual customer visits.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nocatee Town Center Shopping Mall Mayday Ice Cream ... Ice Cream Shop City National Bank ... Atm Amerigas Propane Exchange Propane Supplier Primo Water Refill ... Bottled Water Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ponte Vedra Beach
    County
    St. Johns
    State
    Florida
    Longitude
    -81.419485
    Latitude
    30.1106287

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Ponte Vedra Beach Retail Opportunity
    Where is this neighborhood center located?
    The property is located at 120 Marketside Ave Ponte Vedra Beach, FL.
    What are key features of this property?
    This property features: Jacksonville market.; 114,159 square feet total building area.; Two suites currently available for lease.
    Request Owner's contact information
    120 Marketside Ave Ponte Vedra Beach, FL 32081
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    Ponte Vedra Beach, FL 32081
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 Marketside Ave Ponte Vedra Beach, FL 32081
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