844 Anastasia Blvd

St. Augustine, FL 32080

Lighthouse Plaza is a fully leased, 16-unit retail center totaling 26,485 SF on 1.46 acres along Anastasia Boulevard (SR A1A), St. Augustine's main corridor between historic downtown and the beaches, a few hundred feet from the St. Augustine Lighthouse and the Alligator Farm. The center is 100% leased (16 of 16 suites) to established local operators on predominantly NNN leases with 3% annual increases. Offered at $6,350,000, a 7.0% cap rate on pro forma NOI of $444,530 (approximately $240/SF), with an average base rent of $16.78/SF. Recent improvements include roof, facade, storefront and electrical work. The sale includes an additional lot on Palmetto Avenue at the rear of the center, currently used for overflow parking. Recently Renovated 100% leased - 16 of 16 suites on predominantly NNN leases with 3% annual increases High-exposure frontage along Anastasia Blvd Flexible zoning allows a range of retail and commercial uses

Listing courtesy of Eric Maimo of Coldwell Banker Commercial Premier Properties



Listing information is provided by participants of the St. Augustine & St. Johns County Board of REALTORS MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, St. Augustine & St. Johns County Board of REALTORS MLS.
Last checked 2026-11-12 01:40 AM UTC