5807 Merrill Rd - Auto Repair FOR SALE


Jacksonville, FL 32277- Arlington Manor
$670,000 USD
904-421-8523
5807 Merrill Rd, Jacksonville, FL for Sale
$670,000 USD
Auto Repair - FOR SALE
1/6
null | 7.38% Cap Rate

5807 Merrill Rd
Jacksonville, FL 32277
Arlington Manor


HIGHLIGHTS

  • Roof replaced December 2020 reducing near-term capital expenditure concerns
  • Goodyear-branded automotive service location operating approximately 38 years
  • Lease currently extends through 12/31/2029 with annual 2.5% rent increases
  • Modified NNN lease structure with limited landlord responsibilities
  • Long-standing automotive service use with dedicated service bay infrastructure
  • Signalized hard corner

OVERVIEW

SVN First Coast Commercial is pleased to exclusively offer for sale 5807 Merrill Road, a single-tenant automotive service investment opportunity located along Jacksonville’s heavily traveled Merrill Road corridor within the established Arlington submarket. The property is occupied by Arlington Tire & Service Center, an independent automotive operator affiliated with both the Goodyear and NAPA AutoCare systems. This location has been a Goodyear-branded store for approx 38 years. The property consists of approximately 4,274 SF situated on ±0.39 acres with strong frontage, monument signage, multiple curb cuts, and established automotive service infrastructure including multiple service bays and dedicated parking. The lease currently extends through December 31, 2029 and features annual 2.5% rental increases during the current renewal term. The modified NNN lease structure provides investors with stable in-place cash flow while limiting landlord responsibilities primarily to roof and structural components. Ownership completed a roof replacement in December 2020, reducing near-term capital expenditure concerns. Positioned within Jacksonville’s mature Arlington corridor, the property benefits from strong surrounding residential density, established commercial development, and consistent automotive demand. Offered at $670,000, the property provides an approximate 7.38% in-place return based on current scheduled income. The property is located within the Renew Arlington CRA district, which includes corridor improvement and redevelopment initiatives applicable to portions of the surrounding area. Buyers shall independently verify any overlay, redevelopment, design review, reimbursement, or related governmental matters during their due diligence period.

FOR SALE DETAILS

PRICE

$670,000 USD

PRICE/SF

$157 USD /SF

CAP RATE

7.38%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Goodyear + NAPA Autocenter Investment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

PUD

APN/PARCEL ID

113265-0000

ASK ABOUT THIS PROPERTY

Anthony MiglioreSVN | First Coast CommercialMore Info
904-421-8523

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

Anthony MiglioreSVN | First Coast CommercialMore Info
904-421-8523

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