The property is in an ideal location with great proximity to US-1 and I-95.
• Ideal suite sizes for St Johns county
• Stabilized, strong income-producing asset with diversified tenancy and staggered lease expirations. The business park has a proven long term occupancy history, demonstrating extreme stability through all real estate cycles
• High Barrier To Entry: With rising construction and land costs coupled with extended development construction timelines, the property offers investors instant cashflow in a growing market
• 2025 Capital Improvements: New roof, building shell, exterior paint, roll up doors, plumbing, electrical, lighting, tenant separation firewalls, landscaping, parking lot resurfacing and striping
• WALT: ±4 Years
• Due Diligence Materials: 2024 Survey, ESA phase I environmental report, and Building Inspection report available for review