Property summary
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
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
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