450 Lane Ave N, Jacksonville, FL 32254

Introducing an exclusive investment opportunity in Jacksonville, Florida - the 450 Lane Avenue N. This Single Tenant Absolute NNN property features a corporate lease signed by The Goodyear Tire & Rubber Company, a renowned tenant with an S&P credit rating of B+. With 11+ years remaining on the lease term and scheduled 10% rental increases, this offering presents a secure income stream. The property boasts a rentable area of 39,937 SF on a spacious 2.68 AC land area. Built in 1965 and renovated in 1980, this prime retail location has strong traffic visibility with 12,200 VPD. Priced at $3,998,000 with a net operating income of $219,890 and a competitive cap rate of 5.50%, this investment opportunity promises long-term stability and growth potential. Located just 7 miles from downtown Jacksonville, the property is surrounded by a growing population and offers excellent accessibility. Don't miss out on this attractive investment in a high-demand market!