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Mercado Walk Paseo Reyes Dr
1,257 - 6,525 SF of Space Available in Saint Augustine, FL 32085
Highlights
- Starbucks anchored retail center
- Situated in the vibrant corridor between St. Augustine and Nocatee, offering excellent visibility and accessibility.
- Prime location near the main entrance of the prestigious Palencia Community.
- Ideal for businesses looking to tap into a thriving market with high consumer traffic.
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 101 | 1,521 SF | 5-10 Years | $35.00 /SF/YR $2.92 /SF/MO $53,235 /YR $4,436 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 102-104 | 2,465 SF | 5-10 Years | $35.00 /SF/YR $2.92 /SF/MO $86,275 /YR $7,190 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 105 | 1,257 SF | Negotiable | $35.00 /SF/YR $2.92 /SF/MO $43,995 /YR $3,666 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 110 | 1,282 SF | 5-10 Years | $35.00 /SF/YR $2.92 /SF/MO $44,870 /YR $3,739 /MO | Triple Net (NNN) |
155-167 Palencia Village Dr - 1st Floor - Ste 101
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Medical Space
- Office intensive layout
- Fits 4 - 13 People
155-167 Palencia Village Dr - 1st Floor - Ste 102-104
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Fits 7 - 20 People
155-167 Palencia Village Dr - 1st Floor - Ste 105
- Lease rate does not include utilities, property expenses or building services
155-167 Palencia Village Dr - 1st Floor - Ste 110
Space currently built out as barber shop.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Open Floor Plan Layout
- Fits 4 - 11 People
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR Paseo Reyes Dr , Saint Augustine, FL 32085
| Center Type | Strip Center | Gross Leasable Area | 21,579 SF |
| Parking | 100 Spaces | Total Land Area | 3.96 AC |
| Stores | 12 | Year Built | 2007 |
| Center Properties | 1 |
| Center Type | Strip Center |
| Parking | 100 Spaces |
| Stores | 12 |
| Center Properties | 1 |
| Gross Leasable Area | 21,579 SF |
| Total Land Area | 3.96 AC |
| Year Built | 2007 |
About the Property
Mercado Walk, a Starbucks-anchored retail center located at the main entrance of the prestigious Palencia Community, presents an exceptional leasing opportunity. Currently undergoing renovations, Mercado Walk offers a variety of flexible floorplans to suit diverse business needs. Available spaces include 2nd generation cafe space, ideal for a vibrant dining experience; 2nd generation medical space, perfect for healthcare providers; and 2nd generation barber shop space, ready to support a growing clientele. With its prime location, modernized facilities, and strong community presence, Mercado Walk is an attractive destination for businesses seeking growth and visibility. Don’t miss the opportunity to establish your presence in one of Florida’s most dynamic regions. PROPERTY HIGHLIGHTS • Starbucks anchored retail center • Prime location near the main entrance of the prestigious Palencia Community. • Situated in the vibrant corridor between St. Augustine and Nocatee, offering excellent visibility and accessibility. • Ideal for businesses looking to tap into a thriving market with high consumer traffic. DEMOGRAPHICS • Located in Saint Johns County, one of the fastest-growing and most affluent areas in Florida. • The county boasts one of the highest per capita and median household incomes in the state, offering a strong customer base with significant purchasing power.
- Dedicated Turn Lane
- Restaurant
- Drive Thru
Nearby Major Retailers
Presented by
Mercado Walk | Paseo Reyes Dr
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