2198 A1a S - Drug Store FOR SALE


Saint Augustine, FL 32080- Greater St Augustine
$3,731,955 USD
754-216-1154
2198 A1a S, Saint Augustine, FL for Sale
$3,731,955 USD
Drug Store - FOR SALE
1/6
null | 6.7% Cap Rate

2198 A1a S
Saint Augustine, FL 32080
Greater St Augustine


HIGHLIGHTS

  • Company Type: Expanding, vertically integrated U.S. multi-state cannabis operator.
  • Leadership: Proven expertise in operations, finance, and scaling businesses.
  • Commitment: Positive impact for customers, employees, and communities.
  • Lot Size: 1.75 acres at a signalized four-way intersection (future development potential).
  • Building: 5,676 SF with drive-thru.
  • Visibility & Access: Prime frontage and high traffic.

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale a 5,676 SF AYR dispensary located at 2198 A1A South in St. Augustine, FL. This property represents a rare opportunity as one of only two permitted dispensaries in St. Augustine Beach, creating a significant competitive advantage and an established customer base in a high-demand market. Backed by a tenant with proven expertise in operations, finance, and business scalability, the asset provides both stability and long-term growth potential. With its prime location, limited competition, and strong operator, this property offers investors an exceptional opportunity to acquire a well-positioned, income-generating asset in a thriving industry. In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953

FOR SALE DETAILS

PRICE

$3,731,955 USD

PRICE/SF

$657 USD /SF

CAP RATE

6.7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AYR - St. Augustine, FL | 3% Annual Increases

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

1.71 AC

LAND SF

74,488 SF

ZONING

OR

APN/PARCEL ID

162810-0000

ASK ABOUT THIS PROPERTY

Jacob StrahlerSands Investment GroupMore Info
754-216-1154

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Jacob StrahlerSands Investment GroupMore Info
754-216-1154

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.