25 Foundry Ln - Commercial LAND FOR SALE


Saint Augustine, FL 32092- World Golf Village1,865,239 SF
$22,900,000 USD
407-808-1657
25 Foundry Ln, Saint Augustine, FL for Sale
$22,900,000 USD
Commercial LAND - FOR SALE
1/7
1,865,239 SF

25 Foundry Ln
Saint Augustine, FL 32092
World Golf Village


HIGHLIGHTS

  • Brand New 20–Year Lease with Walmart | Absolute NNN Ground Lease — No landlord management obligations
  • Walmart is investment grade credit boasting one of the strongest credit ratings available — S&P Rating of ‘AA’
  • Walmart is the most sought-after big box retailer by 1031 exchange buyers in the country
  • St. Johns county is one of the fastest growing markets in the country & site is located in the strongest & fastest growing retail nodes in the county
  • Part of the affluent World Golf Village corridor — The fastest growing suburban zone in St. Johns County
  • Tremendous visibility directly on International Golf Parkway — the market’s primary interstate interchange arterials

OVERVIEW

CBRE is pleased to present the exclusive listing for this Brand-New Walmart Supercenter property located at the new World Commerce Center in St. Augustine, Florida. The property is in St. Johns County — one of the fastest growing markets in the country and this site is located directly in the strongest and fastest growing retail nodes in the county. It’s positioned directly on International Golf Parkway, the market’s primary interstate interchange arterial. This is a 20-year ground lease guaranteed by Walmart, Inc., which boasts one of the strongest credit ratings possible — S&P Rating of ‘AA’ providing one of the most secure investments available in the market today. The ground lease structure provides for truly hands off ownership with no landlord management obligations.

FOR SALE DETAILS

PRICE

$22,900,000 USD

PRICE/ACRE

$534,797/AC

PRICE/SF

$12 USD /SF

# OF LOTS

-

ON GROUND LEASE

Yes

LAND DETAILS

PROPERTY NAME

Walmart Super Center @ World Golf Village

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Industrial, Retail

LAND ACRES

42.82 AC

LAND SF

1,865,239 SF

OFFSITE IMPROVEMENTS

-

ZONING

COM

APN/PARCEL ID

028200-0020,028200-0040

ASK ABOUT THIS PROPERTY

Ray RomanoCBRE, Inc.More Info
407-808-1657

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Ray RomanoCBRE, Inc.More Info
407-808-1657

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