Map of Property

Outback Steakhouse | High Profile Absolute NNN Retail Asset

245 FL-312, St. Augustine, FL 32086

  • For Sale $4,745,000
  • Property Type Other
  • Property Size 6,115 SF
  • Lot Size 1.72 SF
  • Date Updated Apr 27, 2024

The Snyder Carlton National Net Lease Team is pleased to present an opportunity to purchase a single tenant absolute NNN leased retail asset fully occupied by Outback Steakhouse in St. Augustine, FL. Blooming Brands, which owns Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill, Fleming’s Prime Steakhouse & Wine Bar and Aussie Grill by Outback, operates over 1,450 restaurants worldwide with 87,000+ team members. With over 17 years of successful operating history at this location, 7+ Lease years remaining in the primary term, four 5-year option periods, and annual rental increases, this is an excellent opportunity for an investor seeking zero landlord responsibilities and years of inflation resistant cash flows.

The 6,115 SF building on a 1.72-acre parcel is located on Florida State Road 312 (38,5000 VPD) with great access from Dixie Highway (41,900 VPD) and is positioned in St. Augustine’s premier retail corridor with countless national retailers including Walmart Supercenter, Target, The Home Depot, Lowe’s Home Improvement, Walgreens, CVS, Publix, ALDI, Starbucks, McDonald’s, Chickfil-A and more.

This is a wonderful opportunity to acquire an absolute NNN leased retail asset in St. Augustine’s busiest retail corridors with zero landlord responsibilities, annual rent increases, a corporate backed lease and strong demographics providing years of worry-free income.

Available

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Contacts

broker

Eric Carlton

broker

Jereme Snyder

broker

Robert Selton

Location

Getting Around

  • Walk Score ®

    55/100 Somewhat Walkable

  • Bike Score ®

    58/100 Bikeable
Powered by Walk Score ®
  • City St. Augustine, FL
  • Neighborhood Portion Of Prepall Grant
  • Zip Code 32086
  • Market Jacksonville

Points of Interest

  • Citgo

    0.88 miles

  • BP

    0.99 miles

  • Speedway

    1.08 miles

  • Mobil

    1.10 miles

  • Freedom Oil

    1.15 miles

  • Circle K

    1.22 miles

  • Sunoco

    1.29 miles

  • Mobil

    1.63 miles

  • Shell

    1.67 miles

  • Shell

    1.75 miles

  • Oldest House Parking Lot

    1.64 miles

  • Flagler College Parking Garage

    1.81 miles

  • Public Parking

    1.94 miles

  • NPS Lot 1

    2.12 miles

  • NPS Lot 5

    2.16 miles

  • Historic Downtown Parking Facility

    2.24 miles

  • Mission of Nombre de Dios Parking

    2.68 miles

  • Old Town Overflow Lot

    2.95 miles

  • Public Parking

    3.50 miles

  • Mango Mango's

    3.53 miles

  • TRYP by Wyndham Sebastian Saint Augustine

    1.57 miles

  • Saint Francis Inn Bed and Breakfast

    1.60 miles

  • The Collector Luxury Inn & Gardens

    1.69 miles

  • At Journey's End Bed and Breakfast

    1.69 miles

  • Homewood Suites by Hilton Saint Augustine San Sebastian

    1.69 miles

  • Peace & Plenty Inn

    1.70 miles

  • Penny Farthing Inn Bed and Breakfast

    1.70 miles

  • Cedar House Inn

    1.71 miles

  • Bayfront Westcott House Bed and Breakfast

    1.75 miles

  • The Kenwood Inn

    1.75 miles

  • Outback Steakhouse

    0.00 miles

  • Applebee's

    0.04 miles

  • Buffalo Wild Wings

    0.08 miles

  • Chili's

    0.10 miles

  • LongHorn Steakhouse

    0.12 miles

  • Cantina Louie

    0.14 miles

  • Panda Express

    0.16 miles

  • Everything Bagel

    0.17 miles

  • Honey Baked Ham

    0.17 miles

  • Dog Treats

    0.17 miles

  • Saint Paul School of Excellence

    1.46 miles

  • Fullerwood Elementary School

    1.54 miles

  • Cathedral Parish School

    1.67 miles

  • Flagler College

    1.70 miles

  • Saint Joseph's Academy Catholic High School

    1.74 miles

  • Flagler College

    1.78 miles

  • Ketterlinus Elementary School

    2.14 miles

  • R.B. Hunt Elementary School

    2.26 miles

  • The Webster School

    2.45 miles

  • Holy Cross School

    2.63 miles

  • La Petite Academy of Saint Augustine

    0.31 miles

  • Turtle Tots Academy

    0.42 miles

  • Kingdom Kids Christian Childcare

    0.63 miles

  • Lead the Way Day Care Center

    1.57 miles

  • Trinity Episcopal Learning Center

    1.82 miles

  • Little Darlings Childcare

    1.94 miles

  • Brandt's Childcare

    2.77 miles

  • Saint Augustine Public Montessori

    2.85 miles

  • Grandma's Daycare

    3.35 miles

  • Brighton Day Academy

    5.17 miles

Frequently Asked Questions

What is the lease rate for Outback Steakhouse | High Profile Absolute NNN Retail Asset?

Rental asking rate at Outback Steakhouse | High Profile Absolute NNN Retail Asset is $2,372,500.00/YR.

What is the total square footage of Outback Steakhouse | High Profile Absolute NNN Retail Asset?

Outback Steakhouse | High Profile Absolute NNN Retail Asset totals 6,115 square feet.

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