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6135 St Augustine Rd 1,845 SF Retail Building Jacksonville, FL 32217 $973,000 CAD ($527.37 CAD/SF) 7.50% Cap Rate
Investment Highlights
- Long-term Regional Operator in place
- 2-Bay Oil Change for Sale
- Minimal Landlord Responsibilities
Executive Summary
Single-tenant, two-bay auto service building located on St Augustine Road in Jacksonville. The site includes 40 feet of frontage at a corner location with a traffic count of 16,500 vpd. The parcel is 0.43 acres and includes a retention pond at the rear. Property is not in a flood zone.
The property is leased to The Famous Group, a regional quick-lube operator with 13 locations across northeast Florida. The tenant is currently in an option term, with the lease running through 2028. Annual rent is $60,000, with the tenant responsible for all expenses except property taxes. Net operating income is approximately $52,000.
Confidential Sale -- Do not disturb tenant
The property is leased to The Famous Group, a regional quick-lube operator with 13 locations across northeast Florida. The tenant is currently in an option term, with the lease running through 2028. Annual rent is $60,000, with the tenant responsible for all expenses except property taxes. Net operating income is approximately $52,000.
Confidential Sale -- Do not disturb tenant
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,845 SF
Building Class
C
Year Built
1998
Price
$973,000 CAD
Price Per SF
$527.37 CAD
Cap Rate
7.50%
NOI
$72,975 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.38 AC
Zoning
CCG-1 - Commercial Community/General-1
Parking
5 Spaces (2.71 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 154151-0000 | Total Assessment | $858,018 CAD (2026) |
| Land Assessment | $617,181 CAD (2026) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $240,836 CAD (2026) | Tax Year | 2024 |
Property Taxes
Parcel Number
154151-0000
Land Assessment
$617,181 CAD (2026)
Improvements Assessment
$240,836 CAD (2026)
Total Assessment
$858,018 CAD (2026)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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Presented by
Argus Real Estate
6135 St Augustine Rd
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