Auto Parts

Advance Auto Parts

1008 Edgewood Ave N, Jacksonville, FL 32254

Listing Price: $1,671,000

Cap Rate
6.50%
Tenant Name
Advance Auto Parts
Years Remaining On Lease
8.30
Gross SF
6,859
Guarantor
Corporate Guarantee
Rentable SF
6,859
Price/Gross SF
$243.62
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$15.83

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Advance Auto Parts at 1008 Edgewood Ave N, Jacksonville, FL. The property consists of an approximately 6,859-square foot building and is situated on 1.46 acres.

The subject property is located within proximity of the four-way intersection between Edgewood Avenue North and Commonwealth Avenue in Jacksonville, FL. Jacksonville is the largest city in the continental United States as well as the most populous city in the southeastern United States. As of 2018, the median age in North Eastern Florida is 36 years old younger than all major cities in Florida. The subject property is located 0.6 miles from Edgewood Aves four-way intersection with US-90, which sees a combined 38,500+ VPD. There is a Wawa under development on the corner lot next to the subject property. There is a Take 5 Oil Change next door, and a Circle K directly across the street. Subject property is less than a 15-minute drive to the heart of Jacksonville.

Investment Highlights

  • Tenant Recently Signed to Extended Lease Another Five (5)-Years | 8.5-Years Remaining
  • Minimal Landlord Responsibilities
  • Located Near 4 Way Intersection with Visibility to 38,500+ VPD
  • Investment Grade Credit Tenant | S&P: BBB-
  • Strong Store Sales (Contact Agent for Details)
  • Jacksonville is the Largest City in Florida (920,900+ Population)

Exclusively Listed By

Listing Price: $1,671,000

Cap Rate
6.50%
Tenant Name
Advance Auto Parts
Years Remaining On Lease
8.30
Gross SF
6,859
Guarantor
Corporate Guarantee
Rentable SF
6,859
Price/Gross SF
$243.62
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$15.83

Investment Highlights

  • Tenant Recently Signed to Extended Lease Another Five (5)-Years | 8.5-Years Remaining
  • Minimal Landlord Responsibilities
  • Located Near 4 Way Intersection with Visibility to 38,500+ VPD
  • Investment Grade Credit Tenant | S&P: BBB-
  • Strong Store Sales (Contact Agent for Details)
  • Jacksonville is the Largest City in Florida (920,900+ Population)

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Advance Auto Parts at 1008 Edgewood Ave N, Jacksonville, FL. The property consists of an approximately 6,859-square foot building and is situated on 1.46 acres.

The subject property is located within proximity of the four-way intersection between Edgewood Avenue North and Commonwealth Avenue in Jacksonville, FL. Jacksonville is the largest city in the continental United States as well as the most populous city in the southeastern United States. As of 2018, the median age in North Eastern Florida is 36 years old younger than all major cities in Florida. The subject property is located 0.6 miles from Edgewood Aves four-way intersection with US-90, which sees a combined 38,500+ VPD. There is a Wawa under development on the corner lot next to the subject property. There is a Take 5 Oil Change next door, and a Circle K directly across the street. Subject property is less than a 15-minute drive to the heart of Jacksonville.

Exclusively Listed By

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