6995 Longleaf Pine Pkwy Saint Johns, FL 32259
- Retail properties
- 0.98 lot acres
Current Use by Public Records
- Retail properties
Property Details for 6995 Longleaf Pine Pkwy
- Year built
- 2024
- Lot size
- 0.98 lot acres
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a brand-new, 5,040 square foot, three-tenant retail storefront in the thriving Shops at Longleaf Pine, located at 6995 Longleaf Pine Pkwy, Saint Johns, FL 32259. The property boasts a strong tenant lineup including AT&T, Grand Nails, and Jeremiah's, secured by a 10-year triple-net (NNN) lease with rent bumps. The center enjoys a prime location directly across from a high-performing Publix-anchored shopping center, benefiting from significant crossover traffic. This strategically positioned property is part of a larger, rapidly developing retail center, featuring additional national tenants such as Wendy's, Dunkin', Mavis, and Heartland Dental, further enhancing its visibility and appeal. The property sits on a 0.98-acre lot with 28 parking spaces and is situated near Bartram Trail High School, serving a substantial student population and surrounding residential community. The development is within the master-planned RiverTown community, a rapidly growing area projected to house over 10,000 residents, including a planned 335-unit apartment complex. The property offers a 6.00% cap rate with a Net Operating Income (NOI) of $220,004, and includes two 5-year lease options. This is a rare opportunity to acquire a high-performing, net-leased retail property in a rapidly expanding market. The building, constructed in 2024, is a single-story structure.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Saint Johns
- County
- St. Johns
- State
- Florida
- Longitude
- -81.6116
- Latitude
- 30.0518
