1.2 Acres of Commercial Land for Lease in St. Augustine, Florida

TO BE CLEAR, this listing is for a ground lease of $8,900/mo. Site also listed for sale listing # 1230047. Please note: Before the new PUD address, this site was know as 840 SR 16. Owners looking for a long term vacant land (ground) lease. Will strongly consider a Build to Suit (BTS) agreement. The BTS would need to be a corporate owned Nationally recognized organization subject to the owners approval. This is by far the best of the last remaining smaller sites on SR 16. Looking for the owners to help out in a BTS situation? Well they already have. This site is virtually pad ready and the owners will even put in the pad if the deal makes sense. This Master Planned Site already has the following site upgrades: Median turn lane, decel lane, lighted landscaped driveway, retention pond (place on neighbors property to the N.) lift station, sanitary and storm sewer lines, fire hydrant, concurrency for a 3 lane drive-thru, entitlements for a 6,000 ft bldg which can be upgraded to 8,000.

The upgrade to 8,000 is done internally as a minor modification and does not require a county commission vote. It is fair to say there is approx $1M in site upgrades already completed.

This $1M includes engineering, county tap, concurrency as well as county and state permitting fees. Since the retention pond is purposely located offsite to the N. it makes this site 100% buildable with no wetlands but in need of some fill. The following reports/documents available upon request. Geotech borings analysis, survey, phase 1 environmental, recorded minor modification to PUD. master planning details and drawings.