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