Property Overview
Amelia Marketplace is a fully leased, multi-tenant retail center totaling 27,909 square feet, together with a ground lease to Elliano’s Coffee. The property is situated on 3.72 acres at 474331 State Road 200 in Fernandina Beach, Florida, along Nassau County’s primary east-west corridor connecting inland communities to Amelia Island.

Its location on State Road 200 places the asset within one of the area’s most established retail corridors, serving both local demand and traffic tied to one of Northeast Florida’s most desirable coastal markets.

Transaction Summary
NAI Hallmark represented the seller, Ganesh Amelia Plaza LLC, in the sale of Amelia Marketplace to Amelia Marketplace LLC for $5,675,000.

The transaction team included Daniel Burkhardt, CCIM, Austin Kay, and Alex Caliel on behalf of the seller.

Market Positioning
Amelia Marketplace offered investors a combination of features that continue to drive demand in today’s retail investment market: full occupancy, a multi-tenant income stream, and frontage along a high-visibility commercial corridor with limited competing inventory.

Nassau County has continued to see strong retail demand, particularly along the State Road 200 corridor, where population growth, tourism activity, and ongoing commercial investment support long-term fundamentals. Within that context, Amelia Marketplace was well positioned to attract buyer interest as a stabilized retail asset in a supply-constrained submarket.

Outcome
The sale of Amelia Marketplace reflects continued investor demand for well-located retail properties in Northeast Florida. By combining stable occupancy with a strategic Fernandina Beach location, the property presented a compelling opportunity for acquisition in a corridor with strong regional visibility and sustained growth.

This transaction also highlights the value of market knowledge and targeted positioning when bringing stabilized retail assets to market in competitive coastal submarkets.