Valvoline - Jacksonville (St Johns) FL
Brand New Construction | 15 Year Lease | Guaranty by Valvoline's Largest Franchisee | 10% Rent Inc
Marketing description
Presenting 1546 Beacon Lake Parkway, a brand new Absolute NNN ground lease property featuring Valvoline as the tenant. With a solid lease in place until 2041, this property guarantees a net operating income of $90,000 and offers a 5.00% cap rate. The lease includes scheduled rental increases, ensuring a steady investment return. The location's proximity to various residential communities and its position in the 10th fastest-growing county in the US make this a lucrative proposition. Don't miss out on this opportunity to own a premier commercial asset in a thriving market!
Investment highlights
15-Year Lease | Scheduled Rental Increases | Largest Franchisee |New Construction
Absolute NNN Ground Lease | Land Ownership | No State Income Tax | Zero Landlord Responsibilities
Surrounding Housing Developments | The Cove | Atlantica Isles |Elysian | Direct Consumer Base
Next to Publix Anchored Center | Dense Retail Corridor
Interstate 95 (118,000 VPD) | Fronting County Rd. 210 (16,500 VPD) |Ideal Visibility & Accessibility
St. Johns County | Impressive Projected Annual Growth Rates
Ideal Demographics in Immediate Trade Area | Six-Figure Incomes
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