Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to offer for sale the Corporate Headquarters for Barron’s Wholesale Tire – “BWT” (the “Property”), an approximately 118,000-square-foot, industrial distribution warehouse with of?ce in Jacksonville, Florida. The most recent addition of 30,000 +/- SF of warehouse and of?ce space was constructed in 2006 and is fully sprinklered and served with a standby generator. The property, located at 1302 Eastport Road, is the premier site for tenants that require JAXPORT for importing/exporting. The offering provides an investor a value-add opportunity through raising rents to current market rates. The current tenant is operating on a NNN Lease with a rental rate of less than four dollars per square foot. Comparable industrial warehouse spaces in the Ocean Way submarket are achieving rents between $5-$6 PSF.