235 W Gulf Beach Dr - Office FOR SALE


Saint George Island, FL 32328
$1,650,166 USD
332-345-4311
235 W Gulf Beach Dr, Saint George Island, FL for Sale
$1,650,166 USD
Office - FOR SALE
1/2
null | 7.25% Cap Rate

235 W Gulf Beach Dr
Saint George Island, FL 32328


HIGHLIGHTS

  • Long-Term Absolute Triple (NNN) Lease
  • Corporate Guarantee from StayTerra Vacations, LLC
  • Strong Corporate Growth
  • Significant AUM

OVERVIEW

Surmount is pleased to present the exclusive listing for a Cape & Coast Premier Properties located at 235 W Gulf Beach Dr, George Island, FL 32328. The site consists of roughly 5,160 rentable square feet of building space on an estimated 0.23-acre parcel of land. This Cape & Coast Premier Properties is subject to a 20-year Triple Net (NNN) lease, which commenced 8/20/2025. The current annual rent is $119,637 and has scheduled increases of 3.00% annually starting year 7.

FOR SALE DETAILS

PRICE

$1,650,166 USD

PRICE/SF

$308 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cape & Coast Premier Properties

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,367 SF

ZONING

-

APN/PARCEL ID

29-09S-06W-7310-004E-0070

ASK ABOUT THIS PROPERTY

Francis PurritanoSurmountMore Info
332-345-4311

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

Francis PurritanoSurmountMore Info
332-345-4311

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