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4469 County Road 209 S
Green Cove Springs, FL 32043
Industrial Sale Leaseback · Industrial Property For Sale
Investment Highlights
- Long term (15-year) absolute triple net lease with 2.0% annual rent increases
- Mission critical property responsible for significant portion of the company’s revenue
- Positioned right off Hwy-17 and less than a mile from Reynolds Airpark, the property benefits from a prime industrial location
- Strong tenant credit profile with over 20x unit level EBITDA to rent coverage
- The property is located within a strong industrial submarket of Jacksonville, FL, with a five-year average rent growth of 8.9%
- Significant tailwinds through the federal spending on infrastructure, onshoring of manufacturing, and clean energy
Property Facts
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 2008 |
| Building Class | C | Tenancy | Single |
| Lot Size | 5.02 AC | Clear Ceiling Height | 32’ |
| Rentable Building Area | 10,000 SF | ||
| Zoning | IA - conserve and protect open land uses, foster orderly growth in rural areas and prevent urban agricultural land use conflicts. | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 5.02 AC |
| Rentable Building Area | 10,000 SF |
| No. Stories | 1 |
| Year Built | 2008 |
| Tenancy | Single |
| Clear Ceiling Height | 32’ |
| Zoning | IA - conserve and protect open land uses, foster orderly growth in rural areas and prevent urban agricultural land use conflicts. |
Property Taxes
| Parcel Number | 38-06-26-016499-002-00 | Improvements Assessment | $372,657 |
| Land Assessment | $871,200 | Total Assessment | $1,243,857 |
Property Taxes
Parcel Number
38-06-26-016499-002-00
Land Assessment
$871,200
Improvements Assessment
$372,657
Total Assessment
$1,243,857
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