Fully Leased Yulee Shopping
For Sale
Contact for pricing
Pending
96016 Lofton Square Ct, Yulee, FL 32097
Community shopping center in Yulee, Florida, 100% leased.
Property Size33,707 SF
Days on Market155
Property Features for 96016 Lofton Square Ct
General Information
Standard status
Pending
Size
33,707 SF
Property subtype
Retail
Zoning
C
Occupancy
100%
Lease Type
NNN
Net Operating Income
$653,224
Building Details
Year Built
1999
Units
12
Tenancy
Multi
Listing Agency:
Glixus Trust
(407) 841-8000
Listed By:
Sean Glickman,CCIM · License #SL3159726
Source:
Crexi
Added: Mar 11
Changed: Aug 8
Last Checked: Jul 26 at 5:49AM
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 Glixus Trust
Investment Insights
Based on property information with market context.
Amelia Station is a 33,707-square-foot community shopping center located along Lofton Square Court in the rapidly growing Yulee submarket of Nassau County. The property is 100% leased and features a diversified mix of service-oriented, restaurant, and daily-needs tenants. It is strategically positioned at a high-visibility intersection along SR-200 (A1A), capturing a high-volume traffic flow of 43,000+ VPD. The property has a short 3.2-year WALT, providing a tactical window to capture significant organic growth. Pro forma projections indicate a $99,000 increase in Net Operating Income over a five-year hold period. The property serves a 10-mile trade area undergoing a historic residential transformation, flanked by the 24,000-unit Wildlight master-planned community and the 3,300-home Tributary development. It benefits from exceptional cross-traffic generated by a new-prototype Winn-Dixie shadow-anchor. The immediate micro-market is bolstered by national credit outparcels, including AMC Theatre, 7-Eleven, AT&T, and Advance Auto Parts. The center is fully stabilized with a mix of service, medical, and daily-needs tenants. The 5-mile trade area features an affluent population of 35,000+ residents with an average household income of $135,000. Significant public investment secures the asset’s long-term competitive positioning and ensures seamless regional accessibility. Amelia Station is shadow anchored by a high-performing Winn-Dixie grocery store, attracting more than 49,000 monthly visits. The property is surrounded by major national retailers including Target, Kohl’s, TJ Maxx, Petco, Ulta, Ross, and Home Depot, establishing the area as the primary retail hub.
Key Highlights
- Strategically positioned at a high‑visibility intersection on SR‑200 (A1A) with high traffic flow.
- Located in an area undergoing significant residential expansion, bringing a large influx of high‑disposable‑income households.
- 100% occupied with an e‑commerce‑resilient mix of service, medical, and daily‑needs tenants.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$380,963
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.97%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$7,619,260
$7.6M
Cap Rate 7%
$5,442,329
$5.4M
Cap Rate 9%
$4,232,922
$4.2M
Market Conditions
NOI Build-Up for 33,707 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$606.7K $18.00/SF
− Vacancy
−$62.5K −$1.85/SF
EGI
$544.2K $16.15/SF
− OpEx
−$163.3K −$4.84/SF
NOI
$381.0K $11.30/SF
Area
Nassau County, FL
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$7,619,260
Cap Rate 7%
$5,442,329
Cap Rate 9%
$4,232,922
Alternative Uses
Best Use
Retail
$5.44M
$4.76M – $6.35M
NOI $380,963 @ 7.0% cap · market cap 3.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.99M
$7.87M – $10.49M
NOI $629,377 @ 7.0% cap · market cap 6.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
360
Businesses Nearby
518k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 26%
Dining 23%
Shops & Services 22%
Groceries 12%
Academy Sports + Outdoors
Apparel
44,045 visits/mo
0.4 miles
Publix
Groceries
39,972 visits/mo
0.3 miles
T.J. Maxx
Apparel
39,882 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
32,007 visits/mo
0.4 miles
Kohl's
Apparel
28,174 visits/mo
0.3 miles
Demographics for 32097, FL
23,564
Population
9,941
Households
2.4
Avg Household Size
39
Median Age
25%
College-Educated
90%
High-School Grad
124.7 sq mi
ZIP Area
189
Density / Sq Mi
$89,270
Median Household Income
$45,340
Median Earnings
$1,724
Median Rent
$293,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Shoppes at Amelia Concourse — 463737 FL-200, Yulee, FL 32097
- Villages of Amelia — 463855 FL-200, Yulee, FL 32097
- Coinstar Kiosk | Bitcoin ATM — Winn Dixie - Central, 22 Lofton Square Ct, Yulee, FL 32097
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Frequently Asked Questions
What type of property is this?
Shopping center - Community shopping center in Yulee, Florida, 100% leased.
Where is this shopping center located?
The property is located at 96016 Lofton Square Ct Yulee, FL.
What is the asking price?
The asking price for this property is $9,600,000.
What are key features of this property?
This property features: Strategically positioned at a high‑visibility intersection on SR‑200 (A1A) with high traffic flow.; Located in an area undergoing significant residential expansion, bringing a large influx of high‑disposable‑income households.; 100% occupied with an e‑commerce‑resilient mix of service, medical, and daily‑needs tenants.
