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2227 Lejeune Blvd 1,750 SF Retail Building Jacksonville, NC 28546 $2,856,817 CAD ($1,632.47 CAD/SF) 6.75% Cap Rate



INVESTMENT HIGHLIGHTS
- LEASE EXPIRATION: October 31, 2039
- EXPENSES: Zero Landlord Responsibilities
- RENEWAL OPTIONS: Four 5-Year Renewals
- RENT ESCALATIONS: 10% Every 5-Years
EXECUTIVE SUMMARY
All Strickland Brothers locations offer drive thru oil change services so customers can stay in their car and see the job done right. Oil change services include: 10 minute oil change and oil filter replacement, as well as lubrication of chassis components. Plus, a free maintenance check on the following: cabin air filters, wiper blades, antifreeze/coolant, power steering fluid, windshield washer fluid, tire condition, and engine air filter (emission and inspection services if qualified). The mission of Strickland Brothers 10 Minute Oil Change is to exceed the expectations of every customer by setting and meeting service standards that are innovative and centered around the highest level of service, every time. Their aim is to provide dependable services and quality products for a fair price in a friendly, honest and accommodating environment. Franchisees are thoroughly vetted by Strickland Brothers for business experience and personal financial strength to satisfy personal guarantees and brand preservation.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,750 SF
Building Class
B
Year Built
2024
Price
$2,856,817 CAD
Price Per SF
$1,632.47 CAD
Cap Rate
6.75%
NOI
$192,835 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.57 AC
Zoning
B1 - Business
Parking
8 Spaces (4.57 Spaces per 1,000 SF Leased)
Frontage
120’ on Lejeune Blvd
PROPERTY TAXES
| Parcel Number | 018866 | Improvements Assessment | $308,629 CAD |
| Land Assessment | $275,181 CAD | Total Assessment | $583,810 CAD |
PROPERTY TAXES
Parcel Number
018866
Land Assessment
$275,181 CAD
Improvements Assessment
$308,629 CAD
Total Assessment
$583,810 CAD
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2227 Lejeune Blvd
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