76 Gas Station Carwash 7890 103rd Street, Jacksonville, FL Cap Rate 6% Jacksonville ( Florida, US ) Built

$2,199,000 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

  • Type: Commercial
  • Style: Commercial
  • Size: 1,917 sq. ft.
  • Development Level: Built
  • Lot Size: 0.689 acres
  • Year Built: 1992

Description

76 Gas Station Carwash 7890 103rd Street, Jacksonville, FL Cap Rate 6%

Cap Rate: 6%
NOI: $131,915
Building Size: 1,917 sqft
Lot Area: 0.689 acres
Occupancy: 100%
Lease Type: Triple Net
Year Built: 1992
Zoning: C

DESCRIPTION
76 Gas Station + Car Wash has a Brand New 20-Year Absolute NNN Lease with 7.50% Rental Escalations every 5 Years. It is Slated for Remodeling in the Near Future! The tenant, Jacksonville 76 Petroleum, LLC Owns & Operates Fifty (50) 76 Gas Stations. Hani Baskaron | Daybreak Market & Fuel, LLC and Daybreak C-Store Holdings, LLC Recently Sold 200 Units within the ARCO System in 6 States - Current Net Worth in Excess of $66,000,000! The property Currently Qualifies for Bonus Depreciation, Allowing Landlord to Accelerate 100% of All Non-Land Basis in the First Year Due to 50% of the Revenue Being Derived from Fuel Sales.

This asset is Positioned on the Hard Corner of Signalized Intersection! It is Across the Publix Anchored Shopping Center (Pad Site to a Roses Anchored Shopping Center) with Great Drive-By Visibility on 103rd St (aka FL-134), where Traffic Counts Exceed 50,000 CPD! Nearby retailers include: Walmart Super Center, Publix Super Market, Rowe’s Supermarket, Save-A-Lot, Dollar General, Family Dollar, Roses Discount Store, Rainbow Shops, Hibbett Sports, Sally Beauty, Walgreens, Ace Hardware, AutoZone, O’Reilly Auto Parts, Advance Auto Parts and Planet Fitness; 13 miles from Florida State College of Jacksonville (a public college offering over 150 degree programs & technical certificates, including bachelor’s degrees with total enrollment 20,171); Less than 9 miles from Ascension St. Vincent’s Medical Center Riverside (a general medical & surgical hospital with 528 beds); 8 miles from Naval Air Station Jacksonville is home to Patrol Squadron THIRTY, the Navy’s largest aviation squadron and the only P-3 Orion & P-8 Poseidon Fleet Replacement Squadron that prepares and trains U.S. & NATO/Allied pilots, air crew and maintenance personnel with over 50,000 civilian employees, contractors & active-duty personnel employed.

HIGHLIGHTS
• Brand New 20-Year Absolute NNN Lease with Attractive 7.50% Rental Escalations Every 5 Years
• Jacksonville 76 Petroleum, LLC Owns & Operates Fifty (50) 76 Gas Stations
• Hani Baskaron | Daybreak Market & Fuel, LLC and Daybreak C-Store Holdings, LLC Recently Sold 200 Units within the ARCO System in 6 States - Current Net Worth in Excess of
$66,000,000
• Currently Qualifies for Bonus Depreciation Allowing Landlord to Accelerate 100% of All Non-Land Basis in the First Year Due to 50% of the Revenue Being Derived from Fuel Sales
(**Purchaser to Confirm with CPA**)
• Positioned on the Hard Corner of Signalized Intersection! Slated for Remodeling in the Near Future!
• Across the Publix Anchored Shopping Center (Pad Site to a Roses Anchored Shopping Center) with Great Drive-By Visibility on 103rd St (aka FL-134) where Traffic Counts Exceed
50,000 CPD!

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

Attachments

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Information is deemed to be correct but not guaranteed.