Investment Overview

Marcus and Millichap is pleased to present the subject property located at 463185 State Road 200 Yulee, FL 32097. Built in 1996 and renovated in 2020, the building is situated on 0.56 acres and is in the immediate proximity of a major signalized retail artery intersection of the fronting A1A/SR-200, 47,500 ADT, and US-17, 14,200 ADT. This 2,419 SF single-tenant structure is currently occupied by Starting Point, which is under lease until May 2025, enabling an investor or an owner-user the opportunity to acquire the property and achieve occupancy with a tenant-in-tow or occupy the premises themselves in short order. Substantial growth is underway involving the second phase of the Wildlight community, which started in 2022, directly to the west, northwest, north, and northeast encompassing approximately 15,000 acres and 15,000 residential units upon full build-out. Over the fifteen-year span of 2020-2035, the Bureau of Economic Business & Research (BEBR) predicts Nassau will be the seventh fastest growing county in the State of Florida (by %) with a projected population expansion of 47.5%, resulting in over 137,200 people calling Nassau home by 2035.