$675,000
Retail • 7.30% CAP • 1,845 SqFt
Details
Property Type Industrial, Retail
Sub Type Auto Shop
Square Footage 1,845
Net Rentable (SqFt) 1,845
Cap Rate 7.26%
NOI $49,000
Occupancy 100%
Tenancy Single
Brand/Tenant The Famous Group
Lease Type NNN
Lease Term 10
Lease Expiration 04/30/2028
Remaining Term 1.8
Price per SqFt $366
Year Built 1998
Buildings 1
Stories 1
Acreage 0.380
Zoning CGG-1
Investment Type Stabilized
Lease Commencement 05/01/2018
Occupancy Date 05/01/2018
Sale Condition For sale by owner
Retail • 7.30% CAP • 1,845 SqFt
Marketing description
Single-tenant, two-bay auto service building located on St Augustine Road in Jacksonville. The site includes 60 feet of frontage at a corner location with a traffic count of 16,500 vpd. The parcel is 0.43 acres and includes a retention pond at the rear. Property is not in a flood zone.
The property is leased to The Famous Group, a regional quick-lube operator with 13 locations across northeast Florida. The tenant is currently in an option term, with the lease running through 2028. Annual rent is $60,000, with the tenant responsible for all expenses except property taxes, which were $11,000 in 2025. Net operating income is approximately $49,000.
Confidential Sale -- Please do not disturb tenant
Investment highlights
- Long-term Regional Operator in place
- 2-Bay Oil Change for Sale
- Minimal Landlord Responsibilities
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$49,000.00
$4,083.33/mo
Valuation Metrics
0
DSCR
7.26%
Cap Rate
7.26%
ROI
Map
Zoning
CCG-1 CommercialGeneral CommercialCommercial Community General 1
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View all 51 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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