Vlg Cmns Dr., Saint Augustine, FL 32092 FOR SALE


Saint Augustine, FL - World Golf Village
$24,650,000 USD
646-841-0627
, Saint Augustine, FL for Sale
$24,650,000 USD
FOR SALE
1/5
null | 5.15% Cap Rate

Vlg Cmns Dr., Saint Augustine, FL 32092
Saint Augustine, FL
World Golf Village


OVERVIEW

Northmarq, as exclusive agent, is proud to offer for sale to qualified investors the opportunity to acquire the fee-simple interest in Parkway Village at St. Johns, a 52,070-square-foot Publix-anchored neighborhood center constructed in 2022 and located in St. Augustine, FL — within the rapidly growing Jacksonville MSA, approximately 30 miles south of Downtown Jacksonville. Located at a high-traffic intersection with over 70,000 vehicles daily, the center is anchored by a 35,000+ square-foot Publix prototype and is 100% leased to a strong mix of national and service-oriented tenants, providing stable income with a weighted-average lease term of more than 9 years. Situated in affluent, fast-growing St. Johns County, the property benefits from strong demographics, significant nearby residential development, and limited grocery competition. Its location within the Jacksonville MSA and the World Commerce Center further enhances long-term growth prospects, positioning Parkway Village as a high-quality, grocery-anchored investment with durable cash flow and upside potential.

ASK ABOUT THIS PROPERTY

Jason MaierNorthmarqMore Info
646-841-0627

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Jason MaierNorthmarqMore Info
646-841-0627

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