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10448 Atlantic Avenue
Jacksonville, FL 32505
Asking Price
$2.40M
Asset Type
Auto Shop Retail
Class
Class B
What's Special
10448 Atlantic Avenue, Jacksonville, FL 32505 <ul><li>Long-term Security - 5-year term with two 5-year options</li><li>Proven Regional Operator - Family owned business with 10 locations in 6 states</li><li>Prime Location - Benefits from strong residential neighborhood surrounding the site</li><li>High Visibility - 49,500 AADT on Fairfield Dr</li><li>Large Military Presence - Naval Air Station Jacksonville employs over 23,000 people</li><li>Business-Friendly Environment - Over 150 National, Regional, and Local company headquarters</li>
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NOI
$80,000
Cap Rate
3.33%
DSCR
0.56
Underwater
Cash-on-Cash
-8.68%
Monthly Payment
$11,873.891
Annual Cash Flow
$-62,486.686
