11330 Beach Blvd - Service Station FOR SALE


Jacksonville, FL 32246
$3,219,000 USD
201-777-5002
11330 Beach Blvd, Jacksonville, FL for Sale
$3,219,000 USD
Service Station - FOR SALE
1/6
null | 6.25% Cap Rate

11330 Beach Blvd
Jacksonville, FL 32246


HIGHLIGHTS

  • Attractive Rent Increases
  • Zero Landlord Responsibilites
  • Strategic Retail Location
  • Higher Education Presence
  • High Traffic Counts
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase an Absolute NNN Shell Gas Station and Convenience Store located at 11330 Beach Boulevard in Jacksonville, Florida (“the Property”). The Property consists of a 1,086 square foot freestanding building with 10 fueling stations on a 0.70-acre corner lot. Shell has 16 years remaining on their Absolute NNN Lease with two (2), 10-year renewal options. The lease calls for attractive 2% annual increases in rent throughout the primary lease term and renewal options. Shell Gas Station & Convenience Store is positioned at the signalized intersection of St Johns Bluff Road S and Beach Boulevard (US Route 90), the area’s primary commercial and commuter corridor, and is just 1,000 feet from Interstate 295. The Property is shadow anchored by St. John’s Square, a Winn-Dixie, CVS, and Starbucks anchored shopping center, and is surrounded by national retailers and restaurants that drive traffic to the area. Shell is also encircled by densely populated residential neighborhoods and several area schools that provide a built-in customer base.

FOR SALE DETAILS

PRICE

$3,219,000 USD

PRICE/SF

$2,964 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shell

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

CCG-2

APN/PARCEL ID

165412-0300

ASK ABOUT THIS PROPERTY

Rob DiFrancoHorvath & TremblayMore Info
201-777-5002

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Rob DiFrancoHorvath & TremblayMore Info
201-777-5002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.