$6,800,000 USD
305-395-6972
HIGHLIGHTS
- Recent 20-year lease extension with CVS, expiring November 2040.
- Absolute NNN lease with zero landlord obligations for a fully passive investment.
- 5% rental increases every five years during five 5-year option periods.
- Prime hard-corner location at signalized intersection with ±65,500 VPD.
- Located in a high-growth corridor with $103,000+ average household income.
- Jacksonville is Florida's most populous city and #2 job market in the nation.
FOR SALE DETAILS
PRICE
$6,800,000 USD
PRICE/SF
$420 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CVS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2001
SPRINKLERS
-
PARKING SPACES
137
LAND DETAILS
LAND ACRES
0.55 AC
LAND SF
23,958 SF
ZONING
CCG-1
APN/PARCEL ID
154101-0001
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305-395-6972
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305-395-6972
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