1586 Boone Street
Kingsland (Outside Jacksonville FL), GA 31548

Hwy 55

Offering Summary
Price $2,806,956 Cap Rate 5.75%
NOI $161,400.00 Rentable SF 2,501 SF
Lot Size 0.91 +/- Acres Year Built 2023
Lease Type Absolute NNN Lease Term 20 Years

Investment Highlights

  • Brand New 2023 Construction (New Prototype)
  • 20-Year Absolute NNN Lease w/ 10% Increases Every 5-Years
  • Located in Dense Retail Trade Area Directly Across from New
    Publix Anchored Shopping Center (Relocation Site)
  • Traffic Counts Exceed 24,500 Vehicles Per Day
  • Average Household Income Exceeds $84,000 in 5-Miles
  • 5.0% Expected Population Growth Over the Next 5-Years

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For More Information, Please Contact:

John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com

Greg LaBarre
Vice President
(619) 997-1242
glabarre@wertzrealestate.com