15022 MAX LEGGETT PKWY

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15022 MAX LEGGETT PKWY

JACKSONVILLE, FL 32218
Asking Price
$2.63M
Cap Rate
4.85%
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

Corporate Habit Burger (Yum! Brands) | 20-Year Absolute NNN Ground Lease | No State Income Tax <p><strong>20-YEAR ABSOLUTE NET GROUND LEASE</strong></p><p>New 20-Year Ground Lease Commencing November 2025 With Absolute-Net Structure And No Landlord Responsibilities</p><p></p><p><strong>RIVER CITY MARKETPLACE CORRIDOR JACKSONVILLE MSA</strong></p><p>The Property Sits In The River City Marketplace Trade Area, The Largest Shopping Complex In North Jacksonville, Home To 80+ Retailers And Shadow- Anchored By Walmart, Lowe’s And BJ’s Wholesale</p><p></p><p><strong>ADJACENT TO REGIONAL HEALTHCAR

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NOI
$80,000
Cap Rate
3.04%
DSCR
0.51
Underwater
Cash-on-Cash
-9.65%
Monthly Payment
$13,006.195
Annual Cash Flow
$-76,074.335

Location & Travel Times