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- LoopNet Team
1672 3rd St S
Jacksonville Beach, FL 32250
Jiffy Lube · Retail Property For Sale
Investment Highlights
- Early lease renewal showing strong tenant commitment to site
- Long term lease with more than 10 years remaining
- Strong demographics and neighborhood mix with average household income of $113,174 within a 5-mile radius
- Scheduled rent increases of 7.5% every 5 years during base and option terms
- Largest Jiffy Lube operator with more than 550 locations coast to coast
- Property may qualify for 15-year accelerated depreciation (Please consult your tax advisor)
Property Facts
About 1672 3RD ST S , JACKSONVILLE BEACH, FL 32250
The Jacksonville Beach Jiffy property is a 2,068-square foot freestanding automotive repair and service building situated on about one-quarter acre of land. It is well situated on the west side of Highway A1A, the main north-south arterial serving the eastern portion of Jacksonville Beach. The site has direct access from the south-bound lane of Highway A1A. This heavily-trafficked thoroughfare has a traffic count of over 40,000 vehicles per day in the immediate vicinity. Jiffy Lube is well located near retail draw tenants such as Whole Foods, Home Goods, Chipotle, Panera Bread, CVS, Marshalls, Pet Smart and many more. It is also found less than a quarter-mile from Jacksonville Beach’s high density multifamily development, resorts and entertainment district. This area is roughly 15 miles east of downtown Jacksonville.
Property Taxes
| Parcel Number | 179664-0000 | Improvements Assessment | $82,258 |
| Land Assessment | $612,642 | Total Assessment | $694,900 |
Property Taxes
