7752 Lem Turner Rd - Service Station FOR SALE


Jacksonville, FL 32208
$4,640,000 USD
512-630-9758
7752 Lem Turner Rd, Jacksonville, FL for Sale
$4,640,000 USD
Service Station - FOR SALE
1/1
null | 6.25% Cap Rate

7752 Lem Turner Rd
Jacksonville, FL 32208


HIGHLIGHTS

  • 21-Year Absolute NNN Lease
  • Three Guarantors ($70MM+ Net Worth)
  • 2.00% Annual Increases
  • 28-Unit Operating LLC
  • Two, 10-Year Options
  • 180,000+ Population Within 5-Miles

OVERVIEW

Embree Capital Markets is pleased to offer for sale to qualified investors a unique freestanding Sunoco gas stations and convenience stores. This is an opportunity for an investor to acquire well-located gas stations in a personal income tax-free state. The absolute NNN leases feature 2.00% annual increases during their 21-year primary term and features two, 10-year extension options

FOR SALE DETAILS

PRICE

$4,640,000 USD

PRICE/SF

$1,637 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sunoco

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store, Freestanding, Truck Stop

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

CCG-2

APN/PARCEL ID

026907-0000

ASK ABOUT THIS PROPERTY

Klinton LewisEmbree Capital Markets GroupMore Info
512-630-9758

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

Klinton LewisEmbree Capital Markets GroupMore Info
512-630-9758

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