For Sale
$1,997,000

100 Whetstone Pl St. Augustine, FL 32086

High-Cap Office Investment, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional Class A office building, located at 100 Whetstone Place in St. Augustine, Florida, presents a compelling investment opportunity. The property boasts 4,898 square feet of space, currently 100% occupied by Star Dental Partners under a NNN lease, expiring September 18, 2024. The building is zoned CG and features a desirable creative office/medical office configuration, making it suitable for a variety of uses. The asking price is $1,997,000, representing a strong 6.50% capitalization rate. Situated on the top floor of a prestigious medical office building, this property benefits from a prime location proximate to major healthcare providers, including University of Florida Flagler Hospital and the University of Saint Augustine for Health. This strategic location places the building within the dominant retail and medical trade area of St. Augustine. The property's three APNs are 135080-1306

Highlights

  • Class A, 4,898 SF office building in St. Augustine, FL.
  • 100% occupied by Star Dental Partners under a NNN lease expiring September 18, 2024.
  • Asking price: $1,997,000, 6.50% cap rate.
  • Zoned CG, suitable for creative office/medical office uses.
  • Prime location near major healthcare providers in St. Augustine's dominant retail and medical trade area.

Property Details for 100 Whetstone Pl

Property type
Office properties, Medical offices
Square Feet
4,898 SF
Class
A

Location Insight

City
St. Augustine
County
St. Johns
State
Florida
Latitude
29.8662765
Longitude
-81.3192411

FAQs

What type of property is this?
Office property - High-Cap Office Investment, 100% Occupied
Where is the office property located?
The property is located at 100 Whetstone Pl St. Augustine, FL.
What is the asking price?
The asking price for this property is $1,997,000.
What are key features of this property?
This property features: Class A, 4,898 SF office building in St. Augustine, FL.; 100% occupied by Star Dental Partners under a NNN lease expiring September 18, 2024.; Asking price: $1,997,000, 6.50% cap rate.
How can I contact the broker?
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100 Whetstone Pl
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