St. John's, FL Lowe’s

NE Corner of CR 210 & Beachwalk Blvd
Lease Type Absolute Net Ground Lease
Cap Rate 4.25%
Building Size 109,881 SF
NOI $350,000
Land Area 16.68 Acres
Remaining Term 20 Years
Property Highlights

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this new 20 Year Lowe’s ground lease in St. Johns, FL. Lowe’s is currently under construction and plans to open by May of 2024. Lowe’s initial term features annual rent increases beginning in year 6, and then 10% increases at the beginning of each option period.

  • Unique Opportunity
  • Priced Well Below Replacement Cost
  • Rare Annual Increases
  • Investment Grade Credit
  • Beachwalk & Nocatee
  • Affluent Customer Base
  • Passive Ownership
  • Positive Demographic Trends