Caliber Collision Jacksonville, FL

8281 Merrill Rd
Jacksonville, FL

Price: $2157000
Cap Rate: 6.75%
NOI: $145,581
Building Size: Approx. 22000 Sq. Ft.
Lot Size: Approx. 2.39 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Service

Investment Overview

  • 22,000+/- SF (combined SF of two buildings) on 2.39+/- Acre Site
  • New 15-Year, Corp NNN Lease w/ 10% Rent Bump Every 5-Yrs
  • Located along Merrill Rd (35,000 VPD) & W of Beltway 295 ( 68,000 VPD)
  • Near Publix, CVS, Lowes, Target, Hardee’s, Jiffy Lube, Starbucks,& McDonald’s
  • Area Attractions: Atlantic Beach | Jacksonville Zoo & Gardens | EverBank Field (Jaguars – NFL)
  • 4-Miles N of Regency Square Mall (1,390,000 SF) | 4-Miles E of Jacksonville University (3,223 Stud.)
  • 2.8 million people visit the Jacksonville area annually creating a $1.5 billion annual economic impact
  • 3-Mile Estimated 2015 Population: 153,554 | 1-Mile Average Household Income:  $62,894
  • Greater Jacksonville (MSA) | 4th largest metropolitan area in the FL | Population: 1,345,596

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