Commercial Real Estate, Capital, Insurance, Leasing & Management

Ace Hardware Leases 10,800 SF in Saint Augustine

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Home Improvement Retail Store Inks 10-Year Deal at Long-Vacant Property

Ace Hardware will occupy the former Eckerd Drug location at 150 San Marco Ave. in St. Augustine, FL after agreeing to a 10-year lease for the 10,800-square-foot retail building.

The long-vacant property was constructed in 1982 and has stood unoccupied for more than 15 years.

Carrie Smith of Franklin Street Real Estate Services negotiated the transaction on behalf of ownership and, prior to the lease, secured a general contractor to carry out several improvements which included a new parking lot, roof, facade and remodeled interior.

Ace Hardware is expected to move in late September.

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