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8647 Blanding Blvd
Jacksonville, FL 32244
Valvoline Oil Change · Retail Property For Sale
Investment Highlights
- Strong Demographics – Over 150,000 people in a 5-mile radius and has projected population growth of over 6% in a 1,3, and 5-mile radius
- Hands Off Investment – Absolute NNN lease – Landlord has zero responsibilities
- Blanding Blvd – Extremely strong traffic count with 90,000 VPD
Property Facts
Property Type
Retail
Building Size
2,067 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.93 AC
Zoning
CCG-1
About 8647 BLANDING BLVD , JACKSONVILLE, FL 32244
LEASE Brand New Development – This store was recently completed in 2019 Ideal 1031 exchange property – Brand new 15-year lease with multiple 5-year options Growing Cash Flow – 7.50% rental increases every 5 years – an excellent hedge against inflation TENANT Convenient Car Care, LLC – A strong regional operator throughout the southeast with locations in TN, KY, and FL Growing Business – Convenient Car Care operates 20+ Valvoline locations and is in the process of opening more throughout Florida. In addition, Convenient Car Care family also includes a Goodyear Tire and Service Center in Tennessee Experienced Operator – Opened their first shop in 1998 giving the operator 20+ years of experience » Financials – See broker for details
Property Taxes
| Parcel Number | 099094-0060 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $944,966 |
Property Taxes
Parcel Number
099094-0060
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$944,966
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