10448 Atlantic Blvd - Freestanding FOR SALE


Jacksonville, FL 32225- Southside Estates
$2,400,000 USD
770-913-3932
10448 Atlantic Blvd, Jacksonville, FL for Sale
$2,400,000 USD
Freestanding - FOR SALE
1/6
null | Request Cap Rate

10448 Atlantic Blvd
Jacksonville, FL 32225
Southside Estates


HIGHLIGHTS

  • Absolute NNN lease with 2% annual rent increases through base term and options.
  • Tenant is a reliable regional operator with 10 established locations across multiple states.
  • Excellent visibility with traffic counts nearing 49,500 vehicles per day along a key corridor.
  • Jacksonville market supported by a strong population base and significant military presence.
  • Proximity to over 150 national, regional, and local corporate headquarters in the metro area.

OVERVIEW

Ackerman Retail, a division of Ackerman & Co., presents an exceptional investment opportunity with the sale of Magic Wheels & Tires in Jacksonville, Florida. This property is backed by a 5-year absolute NNN lease that includes 2% annual rent escalations, ensuring steady income growth over the term. Additionally, the tenant holds two 5-year extension options, providing further long-term security for investors seeking durable cash flow. Magic Wheels & Tires is operated by a proven, well-established regional company with 10 locations across six states, underscoring their operational stability and market presence. Positioned along a high-visibility corridor with traffic counts of approximately 49,500 vehicles per day, the property benefits from robust exposure and accessibility. Jacksonville’s strong population base, combined with the presence of significant military operations and over 150 corporate headquarters in the region, drives consistent customer demand and overall economic vitality. This opportunity offers an investor an income-generating asset in a thriving metro area with a dependable tenant and favorable lease structure.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$455 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Magic Wheels & Tires

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,820 SF

ZONING

CCG-2, County

APN/PARCEL ID

163598-0000,164661-0000

ASK ABOUT THIS PROPERTY

Patrick GreenAckerman & Co.More Info
770-913-3932

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

Patrick GreenAckerman & Co.More Info
770-913-3932

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