6707 Commonwealth Ave
Jacksonville, FL 32254
Hwy 55 Drive-Thru
| Offering Summary | |||
|---|---|---|---|
| Price | $2,845,733 | Cap Rate | 6.00% |
| NOI | $170,744.00 | Rentable SF | 2,453 SF |
| Lot Size | 1.12 +/- Acres | Year Built | 2023 |
| Lease Type | Absolute NNN | Lease Term | 20 Years |
Investment Highlights
- Brand New 2023 Construction w/ Latest Drive-Thru Prototype
- 20-Year Absolute NNN Lease w/ 10% Increases Every 5-Years
- Corporate Guarantee from Hwy 55 — Hwy 55 Has Evolved into an
Iconic Brand in the Southeast Now with Over 140 Locations - Dense Retail Trade Area with Over 144,000 Residents in 5-Miles
- Combined Traffic Counts Exceed 120,000 Vehicles Per Day on
Interstate-295, Commonwealth Ave, and Lane Ave N - 5.0% Expected Population Growth Over the Next 5 Years
Please login or sign up to view offering memorandum
For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com