Chevron for Sale in Jacksonville, FL
Jacksonville, FL
Key Investment Metrics
Price
$3,199,000
Cap Rate
7.5%
Net Operating Income
$240,000
Building Size
2640 SF
Remaining Term
20 years
Lease Term
20 years
Lease Type
Absolute NNN
Year Built
N/A
Tenancy
Single
Rent Increases
8% Every 5 Years
Property overview
Chevron in Jacksonville
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 2,640 SF
- Lease type
- Absolute NNN
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.