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Byrider - Jacksonville FL 1285 Cassat Ave 12,500 SF Retail Building Jacksonville, FL 32205 $2,700,000 ($216/SF) 7.27% Cap Rate
INVESTMENT HIGHLIGHTS
- Industry: Byrider is an industry leader in the used car business with over 150 locations nationwide.
- Strategic Placement: Situated in a high-traffic area of Jacksonville, the dealership benefits from significant visibility and accessibility.
- Location: On a strong signalized hard corner, boasting over 26,000 VPD and a population of 183,245 people within 5 miles.
- Integrated Services: Byrider offers a vertically integrated model, combining vehicle sales, in-house financing, and service departments.
EXECUTIVE SUMMARY
Sands Investment Group is pleased to exclusively offer for sale the 12,500 SF Byrider located at 1285 Cassat Avenue in Jacksonville, FL. This deal includes a high-traffic area of Jacksonville, and the dealership benefits from significant visibility and accessibility, providing for a secure investment.
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
12,500 SF
Building Class
C
Year Built
1979
Price
$2,700,000
Price Per SF
$216
Cap Rate
7.27%
NOI
$196,325
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.45 AC
Zoning
CCG-2 - Auto
Parking
20 Spaces (1.6 Spaces per 1,000 SF Leased)
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Byrider
- Retailer
- 12,500 SF
- $15.70
- Sep 2031
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Byrider | Retailer | 12,500 SF | $15.70 | Sep 2031 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 066260-0000 | Improvements Assessment | $247,398 |
| Land Assessment | $482,215 | Total Assessment | $729,613 |
PROPERTY TAXES
Parcel Number
066260-0000
Land Assessment
$482,215
Improvements Assessment
$247,398
Total Assessment
$729,613
CONTACTS
-
Gary Berwick -
Clayton Coassin -
Bryce Pugh -
Andrew Adam -
Andrew Ackerman -
Sands Investment Group, NC
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