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6005 St Augustine Rd
Jacksonville, FL 32217 San Jose

$6,800,000 USD

Drugstore For Sale  •  16,182 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 16,362 SF
  • Lot Size 0.55 AC
  • Building Class B
  • Year Built 2001
  • Cap Rate 5.00 %
  • Tenancy Single
  • Zoning CCG-1
30 Transit Score
50 Walk Score

Highlights

Recent 20-year lease extension with CVS, expiring November 2040.
Absolute NNN lease with zero landlord obligations for a fully passive investment.
5% rental increases every five years during five 5-year option periods.
Prime hard-corner location at signalized intersection with ±65,500 VPD.
Located in a high-growth corridor with $103,000+ average household income.
Jacksonville is Florida's most populous city and #2 job market in the nation.
Cap Rate: 5.00 %

Amenities

  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Jacksonville International 33 min - 21.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 137
Type: Surface
Included in Rent: Yes
Daniel Gonzalez 305-395-6972 Matthews Real Estate Investment Services
Daniel Gonzalez 305-395-6972 Matthews Real Estate Investment Services