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463651 State Road 200
Yulee, FL 32097
20Yr Corporate Circle K GroundLease | 41k VPD · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • New 20-Year Absolute NNN Ground Lease with Scheduled Rental Increases | Leased to Circle K Stores, Inc.
  • Average Household Income of $95,111 Within a Five-Mile Radius of the Site
  • New 2020 Construction Featuring a Convenience Store and Canopied Fuel and Diesel Pumps, Catoring to All Commuter Traffic
  • High-Traffic Location in Densely Populated, Growing, and Affluent Area | 41,000 AADT at a Signalized Hard Corner
  • Gateway to the Atlantic Ocean and Numerous Nearby Tourist Attractions, Including Main Beach Park, Burney Park, and Amelia Island ($800mm Tourism)
  • Florida Has No State Income Tax

PROPERTY FACTS

Property Type
Retail
Property Subtype
Service Station
Building Size
4,698 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
3.02 AC
Zoning
IW

ABOUT 463651 STATE ROAD 200 , YULEE, FL 32097

The property is strategically located at the signalized hard corner of Gene Lasserre Boulevard and The Buccaneer Trail (State Route 220), with excellent visibility and access to 41,000 vehicles per day in front of the site. The property is located in a densely populated and growing area, with 29,971 residents living within a five-mile radius of the site, with a projected population increase of 25 percent within the next five years. Visibility is increased by the property’s central location in an affluent area, with an average household income of $95,111 within a five-mile radius of the site. The property is primed to grow along with the surrounding area, with a projected 15 percent average annual household income increase within one mile of the site in the next five years. The property benefits from its proximity near large employers, retailers, and community hubs. The location is immediately adjacent to the Shoppes at Amelia Concourse, a major Yulee shopping center featuring 16 stores and 357,000 SF of retail space. The site is centrally located near Yulee Elementary School, Yulee Primary School, Yulee Middle School, and Yulee High School (combined 4,030 students), increasing lunch-time traffic to the site. Surrounding the location is a strong mix of well-established local and national retailers, including Pizza Hut, Panda Express, Whataburger, The Home Depot, Panera Bread, Winn-Dixie, and many more. Yulee serves as a common gateway to the Atlantic Ocean and numerous nearby tourist attractions, including Main Beach Park, Burney Park, and Amelia Island ($800 million generated annually in Nassau County tourist revenue). The site is also a 15-minute drive from the Florida-Georgia State Line, significantly increasing commuter and tourist traffic to the site.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
37-2N-27-0000-0001-0280
Land Assessment
$2,495,985
Improvements Assessment
$1,351,892
Total Assessment
$3,847,877
  • Listing ID: 19284388

  • Date on Market: 4/20/2020

  • Last Updated:

  • Address: 463651 State Road 200, Yulee, FL 32097

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