389 Paseo Reyes Dr, Saint Augustine, FL 32095-8382
This exceptional 2,450 square foot retail storefront is situated within a thriving 18,000 square foot commercial development at 389 Paseo Reyes Dr, St. Augustine, FL 32095. Located in the desirable Palencia/World Golf Village submarket of St. Johns County, this property boasts unparalleled visibility and accessibility, fronting US Highway 1. The building, constructed in 2018, features a single story across three buildings and sits on a generous 4.79-acre lot. The property is zoned PUD and offers a strong tenant mix including a Circle K, a 13,800 square foot retail center, and a 4,200 square foot dental center. Other established businesses in the center include Joint Bagel, Cinco De Mayo, Honey & Sage, B social Boutique, CT Nail Spa, and Edward Jones. This space is part of a multi-tenant building with a total of seven suites. The property offers convenient amenities such as four recently installed EV charging stations. This is an ideal opportunity for businesses seeking high visibility and a strong customer base in a rapidly growing area. The minimum divisible space is 2,450 square feet, with a maximum contiguous space of 2,450 square feet also available. The cross street is Regalo Road.
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CT Nails & Spa Nail Salon
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Your Pie Palencia Restaurant
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Joint Bagel Co (Bike/Boat/Book/etc) Store Bakery
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Cinco de Mayo Restaurant
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Edward Jones - Financial Advisor: Lindsey J Taylor, CRPC™ Financial Advisor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.