Lauretta Fogg - Coldwell Banker MM Parrish
8539 Beach Blvd
Jacksonville, FL 32216

$1,201,000

Description

Two unit retail center with credit tenants and long term leases in place. Excellent visibility and signage located at a traffic light.
One tenant is Driven Lubes/Take 5 (Meineke, Maaco, Havoline, and the list goes on), and website is (http://www.drivenbrands.com/).  They are the largest automotive service company in the U.S.  They have over 2,000 centers and growing.  Lease doesn't expire until 2032 (almost 16 years left) and accounts for nearly 80% of the rent.  Tenant reimburses property taxes and insurance.
The other tenant is Metro PCS, which is franchise driven and this operator is the largest in the area, with 18 locations in Florida. This is a newer 5 year, gross lease. 

Details

MLS#85398539
TypeRetail
Sub-TypeResale
StatusActive
Days On Site614

Features

SQ Feet3,135
Units2
Building(s)1
Acreage0.50

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Attachments

8539 Beach Blvd Jax Teaser Flyer.pdf
8539 Main Pic.jpg

Area Information

StateFL
CityJacksonville
Zip Code32216
Listing VS Median (in 32216)
Price:
$1,201,000
low | high
Med:
$1,201,000
50% of Average
SqFt:
3,135
low | high
Med:
3,135
50% of Average
$ / SqFt:
$383
low | high
Med:
$383
50% of Average
On Site:
614
low | high
Med:
614
100% of Average
Listing Updated: 04/14/2017
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