Description
Established in 1989, this turn-key pizzeria occupies 1,447 SF with 45 seats and is located in a shadow retail center surrounding Epic Movie Theatres. This pizza restaurant is located in a rapidly growing area with roughly 1,000 new homes in the last two years and an estimated 2,500+ homes, 2,000 multi family units and 4,000,000+ SF of commercial space including office, light industrial, hotel and medical offices slated for development in the next couple years within a 3 mile radius. Currently the restaurant is primarily dine-in and to-go with plenty of growth potential for the delivery side if desired. Serving lunch and dinner 6 days a week with 2 full-time and 8-9 part time employees, including one owner-operator. Menu items include pizzas, pasta, subs and salads. This turn-key business is being offered with all furniture, fixtures and equipment and current lease in place with three years remaining. The current tenant mix includes a movie theater, salon, coffee shop, dance studio and outparcels to the center including Planet Fitness, car wash and fast food as well as a new 26,000 SF medical facility nearby. Located in a very busy mixed-use corridor of St. Augustine with surrounding residential well-established and still continuing to grow, the 2020 average annual daily traffic counts for this intersection are 34,000 cars per day on SR 207 to the north/east, 29,000 cars per day on SR 207 to the south/west and 17,000 cars per day on Holmes Blvd to the north/west.
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School Ratings & Info
Description
Established in 1989, this turn-key pizzeria occupies 1,447 SF with 45 seats and is located in a shadow retail center surrounding Epic Movie Theatres. This pizza restaurant is located in a rapidly growing area with roughly 1,000 new homes in the last two years and an estimated 2,500+ homes, 2,000 multi family units and 4,000,000+ SF of commercial space including office, light industrial, hotel and medical offices slated for development in the next couple years within a 3 mile radius. Currently the restaurant is primarily dine-in and to-go with plenty of growth potential for the delivery side if desired. Serving lunch and dinner 6 days a week with 2 full-time and 8-9 part time employees, including one owner-operator. Menu items include pizzas, pasta, subs and salads. This turn-key business is being offered with all furniture, fixtures and equipment and current lease in place with three years remaining. The current tenant mix includes a movie theater, salon, coffee shop, dance studio and outparcels to the center including Planet Fitness, car wash and fast food as well as a new 26,000 SF medical facility nearby. Located in a very busy mixed-use corridor of St. Augustine with surrounding residential well-established and still continuing to grow, the 2020 average annual daily traffic counts for this intersection are 34,000 cars per day on SR 207 to the north/east, 29,000 cars per day on SR 207 to the south/west and 17,000 cars per day on Holmes Blvd to the north/west.
© 2023 St. Augustine & St. Johns County Board of Realtors. IDX information is provided exclusively for consumers' 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 believed to be accurate but not guaranteed by the MLS or The Perfect Place Team | eXp Realty. Data last updated 2023-06-01T21:31:25.19.