Retail Business for Sale in Macclenny, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Macclenny, FL 32063

Investment Figures

Cap rate
4.75%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

JACKSONVILLE MSA | MOST POPULOUS CITY IN FL (TAX FREE STATE) • The property is located in the Jacksonville MSA, the most populous city in Florida and the largest city by area in the United States. • A significant military and civilian deep-water port, the city’s riverine location supports two United States Navy bases and the Port of Jacksonville, Florida’s third-largest seaport. • In addition to being the home of the NFL Team, the Jacksonville Jaguars, multiple colleges and universities lie within the city’s limits, including Strayer University (52,253 students), the University of North Florida (16,295 Students), and Florida State College at Jacksonville (20,363 students) ACROSS FROM WALMART SUPERCENTER & LOCATED ON DIRECT ACCESS ROAD TO A 2,000 AC FUTURE MIXED USE DEVELOPMENT • The subject property is positioned across from a Walmart Supercenter with multiple outparcels including Starbucks, Dunkin, T-Mobile, and more. • A 2,000 Acre mixed use development, LaBeuna Farms, is planned near this Wawa between US 90 and I nterstate 10 that includes a mixed-used residential, commercial, and industrial development with thousands of new homes and the businesses and infrastructure to serve them. (Link to Article) • There will be First-class Retail, Restaurants, Hotels, Office/Conference Venues and Residential components to meet current market demands, but more importantly to support the jobs this development will create (estimated to be over 10,000). (Link to Article) • An access road to this development will be created at the intersection this Wawa is positioned on and will run north-east through LaBuena Farms. SIGNALIZED INTERSECTION (13,000 VPD) | DIRECTLY OFF INTERSTATE 10 (41,500 VPD) • This Wawa is located at a signalized intersection on Highway 228 (13,000 VPD), directly off an Interstate 10 exit (41,500 VPD) • Interstate 10 is the primary gateway to Jacksonville and the southeast that connects the east and west Florida panhandle. 20 YEAR ABSOLUTE NNN GROUND LEASE WITH

Market Context

This retail in Macclenny, FL is listed for sale. It is offered at an approximate 4.8% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 101 days. Compare it against other retail listings for sale in Macclenny, FL — view the full market.

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