143 NW Centurion Ct.
Lake City (Outside Jacksonville), FL 32055

RibCrib Drive-Thru

Offering Summary
Price $3,484,454 Cap Rate 5.50%
NOI $191,645.00 Rentable SF 4,440 SF
Lot Size 1.064 +/- Acres Year Built 2023
Lease Type Absolute NNN Lease Term 20 Years

Investment Highlights

  • Brand New 2023 Construction w/ Drive-Thru (New Prototype)
  • 20-Year Absolute NNN Lease w/ Rent Increases Every 5-Years
  • High Volume Interstate Location Along I-75 & US Hwy 90 (The
    Major Thoroughfare Going from Lake City to Jacksonville)
  • Located in Booming Retail Trade Area with Traffic Counts
    Exceeding 88,000 Vehicles Per Day
  • Directly across from HCA Florida Lake City Medical Center, a
    91-Bed Hospital that Treats Over 60,000 Patients Annually
  • Lake City is Known as “The Gateway to Florida” with Interstate-75
    Carrying a Large Percentage of Florida’s Tourist & Commercial Traffic

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For More Information, Please Contact:

John R Wertz
Managing Principal
(619) 218-6427
[email protected]

Greg LaBarre
Vice President
(619) 997-1242
[email protected]