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    OFF-MARKET
    Neighborhood centers

    120 Marketside Ave, Ponte Vedra Beach, FL 32081

    114,159 SF
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Neighborhood centers
    Total area 114,159 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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