1585 Island Ln Fleming Island, FL 32003
High-return NNN retail investment. Strong tenants, long lease.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- 0.88-acre net-leased retail property in Fleming Island, FL, with Goodyear Auto Service and Jiffy Lube.
- High-traffic location on County Road 220 (35,000 VPD).
- 100% occupancy with a strong NOI of $211,428 and a 6.30% cap rate.
- Long-term leases: Goodyear (expires 3/31/2035, corporate guarantee) and Jiffy Lube (10-year extension).
- Affluent area with average household incomes exceeding $115,000 within a 5-mile radius and a population exceeding 89,000.
- Asking price: $3,354,400.
Property Details for 1585 Island Ln
- Property type
- Retail properties, Gas stations
- Year Built
- 2000
- Lot Size (sq. ft)
- 38,333 SF
Location Insight
- City
- Fleming Island
- County
- Clay
- State
- Florida
- Latitude
- 30.103103838296
- Longitude
- -81.713530193657
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-return NNN retail investment. Strong tenants, long lease.
- Where is the retail property located?
- The property is located at 1585 Island Ln Fleming Island, FL.
- What is the asking price?
- The asking price for this property is $3,354,400.
- What are key features of this property?
- This property features: 0.88-acre net-leased retail property in Fleming Island, FL, with Goodyear Auto Service and Jiffy Lube.; High-traffic location on County Road 220 (35,000 VPD).; 100% occupancy with a strong NOI of $211,428 and a 6.30% cap rate.
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