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Gerber Collision & Glass 6521 Main St 17,607 SF Retail Building Jacksonville, FL 32208 $5,533,982 ($314.31/SF) 5.70% Cap Rate
Investment Highlights
- Brand new 15-year NNN lease with minimal landlord responsibilities
- 1.76 acres with ample parking
- Contractual rent increases of 10% in Years 6 and 11
- 17,607 SF state-of-the-art collision repair facility
- Lease guaranteed by The Boyd Group (U.S.) Inc.
- Fresh 15-year roof warranty with silicone coating system
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
17,607 SF
Building Class
C
Year Built/Renovated
1993/2026
Price
$5,533,982
Price Per SF
$314.31
Cap Rate
5.70%
NOI
$315,437
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.23
Lot Size
1.77 AC
Zoning
CCG-2 - Commercial Community General
Parking
25 Spaces (1.42 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 034175-0000 | Improvements Assessment | $812,387 |
| Land Assessment | $602,313 | Total Assessment | $1,414,700 |
Property Taxes
Parcel Number
034175-0000
Land Assessment
$602,313
Improvements Assessment
$812,387
Total Assessment
$1,414,700
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Gerber Collision & Glass | 6521 Main St