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5940 Merrill Rd 1,892 SF 100% Leased Retail Building Jacksonville, FL 32277 $453,534 CAD ($239.71 CAD/SF) 5.71% Cap Rate
INVESTMENT HIGHLIGHTS
- NNN Investment Less Than $350,000
- Located in a high-density retail corridor (Burger King, Taco Bell, Dairy Queen, CVS, Pizza Hut, and more)
- 15+ Parking Spaces
- Strong tenant payment history
- Jacksonville University within walking distance, I-295 = 6 mins., Everbank Field = 8 mins., I-95 = 11 mins., I-10 = 13 mins.
- CCG-1 Zoning
EXECUTIVE SUMMARY
- NNN Investment Less Than $350,000
- Strong tenant payment history
- Strong tenant payment history
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,892 SF
Building Class
B
Year Built
1963
Price
$453,534 CAD
Price Per SF
$239.71 CAD
Cap Rate
5.71%
NOI
$25,880 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.25 AC
Zoning
CG-1 - General Commercial
Parking
25 Spaces (7.5 Spaces per 1,000 SF Leased)
Frontage
114’ on Merrill Rd
AMENITIES
- Pylon Sign
- Signage
Walk Score®
Very Walkable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 116100-0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $308,868 CAD |
PROPERTY TAXES
Parcel Number
116100-0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$308,868 CAD
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5940 Merrill Rd
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