542507 US Highway 1 - Freestanding FOR SALE


Callahan, FL 32011
$8,169,000 USD
954-302-7365
542507 US Highway 1, Callahan, FL for Sale
$8,169,000 USD
Freestanding - FOR SALE
1/12
null | Request Cap Rate

542507 US Highway 1
Callahan, FL 32011


HIGHLIGHTS

  • 14+ Years Remaining | Scheduled Rental Increases | Investment Grade Tenant | Well-Known & Established Brand
  • NN Leased | Fee Simple Ownership | No State Income Tax | Limited Landlord Responsibilities
  • Fronting US Route 1 | Off Signalized, Hard Corner Intersection | Off US 301 | Pine Royale $63M Development
  • Demographics in 5-mile Trade Area | Annual Population Growth |Access to Jacksonville

OVERVIEW

• 14+ years remaining on the lease with 4 (5-year) option periods to extend, demonstrating their commitment • The lease features 5% rental increases every 5 years throughout the initial term and options, growing NOI and hedging against inflation • The lease is signed by the corporate entity (S&P: BBB | NASDAQ: TSCO) • Founded in 1938, Tractor Supply Co. is the largest rural lifestyle retailer in the United States with over 2,300 operating stores

FOR SALE DETAILS

PRICE

$8,169,000 USD

PRICE/SF

$373 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tractor Supply - Jacksonville (Callahan) FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

79

LAND DETAILS

LAND ACRES

3.61 AC

LAND SF

157,252 SF

ZONING

CH

APN/PARCEL ID

19-2N-25-0000-0144-0000

ASK ABOUT THIS PROPERTY

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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