| 1031 exchange property id# 158 |  |
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| Island Food Store | ||||||
| 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 | |||||
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| 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. |
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| Contact Information: | ||||||
| Broker: | Bob Retherford | |||||
| 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 | |||||
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