NAI Hallmark, Jacksonville’s largest locally owned commercial real estate brokerage and property management firm, has announced the successful lease of a former automotive dealership along one of the busiest commercial corridors in the Northeast Florida region to United Rentals, an American equipment rental company.
The transaction was brokered on behalf of the landlord, DDN St. Johns, by Vice President, Retail Specialist Austin Kay, and Vice President, Land Specialist Eugene Stiltner.
Located at 2898 U.S. 1 South in St. Augustine, the property was previously home to a Hyundai dealership. Encompassing more than 15,630 square feet across multiple buildings, the site features:
4.07 acres with almost 500 feet of frontage on U.S. 1 South
Two buildings — 11,938 square feet with a 3,692-square-foot auto bay and a separate 2,496-square-foot building
10 garage bays, a dealership showroom, a waiting area and a covered canopy
With nearly 500 feet of frontage and dual access points, the property offers exceptional visibility and convenient access to more than 41,000 vehicles traveling along the corridor each day.
“This lease represents a strong continuation of investment activity along the U.S. Highway 1 South corridor,” said Eugene Stiltner, vice president and retail specialist at NAI Hallmark. “United Rentals’ decision to locate here underscores the site’s exceptional visibility, access and position within one of Northeast Florida’s most active commercial trade areas.”
The lease further demonstrates the sustained demand for well-located commercial properties in the St. Augustine corridor and NAI Hallmark’s role in facilitating strategic partnerships that drive regional growth.
For more information about the lease at 2898 U.S. 1 South, or inquiries regarding commercial real estate opportunities across Northeast Florida, contact Eugene Stiltner at es@naihallmark.com or Austin Kay at ak@naihallmark.com.
To learn more, go to naihallmark.com.