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Tuffy's Auto Service Center

2770 Race Track Rd, Jacksonville, FL 32259

N/A

4,980 SF | Retail

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Tuffy's Auto Service Center: Jacksonville, Fl

Retail Property - Off Market

Price:
N/A
Building Size:
4,980 SF
Property Type:
Retail
Property Sub-type:
Vehicle Related
Property Use Type:
Net Lease Investment with
10+ years left on lease
Commission Split:
2%
Cap Rate:
7.75%
Occupancy:
100%
No. Stories:
1
Tenancy:
Single
Year Built:
2007
Lot Size:
2.09 AC
Parking Ratio:
28 / 1,000 SF
Listing ID
17915846
Last Updated
over 1 year ago

Highlights

  • No Landlord Responsibility - Absolute Triple-Net (NNN)
  • 8.75 Percent Increases Every Five Years
  • 15 Years Remaining on a Corporate Guaranteed Lease
  • Publix Supermarket Outparcel
  • Ranked in the Top Ten Store Sales
  • One Mile Radius Median Household Income $98,209

Description

Marcus & Millichap has been appointed exclusive advisor for the sale of the 100 percent fee-simple interest in the 4,980-square foot Tuffy Auto Service Center located in Jacksonville, Florida. This is an Absolute Triple-Net asset with the tenant being responsible for all expenses including roof and structure. The lease has 15 years remaining with two five-year options.

This Tuffy Auto Service Center is located in the affluent neighborhood of Julington Creek Plantation, which is in St. Johns County just thirty minutes south of downtown Jacksonville. The site is an outparcel to a 78,000- square foot shopping center anchored by a Publix Supermarket, which was built in 2003. Immediately surrounding the property are major retailers including CVS,
Walgreens, Wendy's and Shell.

Map of 2770 Race Track Rd, Jacksonville, FL 32259 (Saint Johns County)

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