Goodyear + NAPA Autocenter Investment 5807 Merrill Rd 4 274 pi² Commerce de détail Immeuble Jacksonville, FL 32277 924 533 $ CAD (216,32 $ CAD/pi²) 7,38% Taux de capitalisation

SVN First Coast Commercial is pleased to exclusively offer for sale 5807 Merrill Road, a single-tenant automotive service investment opportunity located along Jacksonville’s heavily traveled Merrill Road corridor within the established Arlington submarket. The property is occupied by Arlington Tire & Service Center, an independent automotive operator affiliated with both the Goodyear and NAPA AutoCare systems. This location has been a Goodyear-branded store for approx 38 years.
The property consists of approximately 4,274 SF situated on ±0.39 acres with strong frontage, monument signage, multiple curb cuts, and established automotive service infrastructure including multiple service bays and dedicated parking. The lease currently extends through December 31, 2029 and features annual 2.5% rental increases during the current renewal term.
The modified NNN lease structure provides investors with stable in-place cash flow while limiting landlord responsibilities primarily to roof and structural components. Ownership completed a roof replacement in December 2020, reducing near-term capital expenditure concerns.
Positioned within Jacksonville’s mature Arlington corridor, the property benefits from strong surrounding residential density, established commercial development, and consistent automotive demand. Offered at $670,000, the property provides an approximate 7.38% in-place return based on current scheduled income.
The property is located within the Renew Arlington CRA district, which includes corridor improvement and redevelopment initiatives applicable to portions of the surrounding area. Buyers shall independently verify any overlay, redevelopment, design review, reimbursement, or related governmental matters during their due diligence period.