1031 tax exchange real estate NNN property
1031 exchange property  id# 158   Flag Listing   Print Version
Island Food Store   map
11402 San Jose Blvd. 
Jacksonville, FL   32223
Price: $ 1,650,000
Cap: 6.70 %
Annual Rent: $ 105,575.00
Lease Type: NN
Lease Term: 8 yrs  3  months
Bldg Sqft: 0  Lot Sqft: 0
  • Prime commercial corner with traffic signal.
  • Major four lane thoroughfare in high exposure location.
  • Strong Demographics.
  • Long term tenants with stable rental history.
Description: Convenience/Gas outlet at a prime commercial corner in the growing Mandarin suburb of Jacksonville,
Florida. The property is an outparcel of a Publix shopping center and sits on .41 acres. The building is
1,517 sq. ft. with an additional 3,280 sq. ft. under canopy. All expenses are paid by Tenant except
roof/structure. Tenant is Island Petroleum Corp., a regional gas/convenience operator with 120 outlets
and approximately $120 million in annual sales.
  Contact Information:
Broker: Bob Retherford 
President
Property Services, Inc.
8641 Baypine Rd., Suite 1
Jacksonville, FL  32256
Main Phone: 904-731-9500   Ext: 405 Cell phone:   904-759-4587
Fax: 904-731-7300 Email:   Bob Retherford
 

 

 

1031 exchange real estate listing information is posted by members to 1031store. Although we believe the information to be accurate and reliable, we have not verified the information, and make no representations or warranties, expressed or implied, as to the accuracy of the information. As with any investment, including 1031 exchanges, always conduct a thorough independent investigation. Consult competent legal, tax, financial and 1031 exchange professionals to determine whether this investment fits your 1031 exchange, tax, and investment goals.

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