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37 Epic Blvd
Saint Augustine, FL 32086

McDonald's · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,442 SF
Building Class
B
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.42 AC
Zoning
PUD
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)

Amenities

  • Signalized Intersection
  • Drive Thru

About 37 Epic Blvd , Saint Augustine, FL 32086

Long-term ground lease - McDonald’s has over ten years remaining on the initial term of its ground lease with 10% increases every five years. Tenant also has four, five-year options with 10% bumps each period. -Zero Landlord Responsibilities - McDonald’s constructed their own building and is responsible for all operating expenses, roof, and structural repairs. With zero landlord responsibilities, the Property is an ideal high-credit passive investment. -Investment grade tenancy - Tenant has a BBB+ (S&P) credit rating, which sets the Property up for very favorable financing. -Strong population growth & household income - Within 7 miles of Epic Village, the average household income is $73,130 and population is expected to grow by almost 12% over the next five years. -E-commerce resistant tenancy - The restaurant industry remains resistant to the threats of e-commerce on the retail market. -Ideal shadow anchor -Epic Theatres is the ideal shadow anchor for the Property, drawing shoppers to the Property from a very wide trade area. Please visit CREXi.com for more information, as well as the Offering Memorandum. https://www.crexi.com/properties/221888/florida-mcdonalds

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
102760-0162
Land Assessment
$774,238
Improvements Assessment
$616,421
Total Assessment
$1,390,659
  • Listing ID: 16334257

  • Date on Market: 6/13/2019

  • Last Updated:

  • Address: 37 Epic Blvd, Saint Augustine, FL 32086

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