$695,000

Property Description

100% Leased Investment Property - Ideal for 1031 Exchange Turnkey investment opportunity with two long-term, established tenants and immediate income. This fully remodeled property (2024) offers stable, triple-net (NNN) lease with 5% annual rent escalations, making it a perfect addition to any investment portfolio. Tenant 1: Reputable, long-established funeral home Brand-new 5-year lease with multiple renewal options Triple-net lease (NNN) with 5% annual increases Tenant 2: Synovus Bank Fresh 5-year lease term with renewal options 5% annual rent escalations Total Annual Net Operating Income (NOI): $49,950.00 All the heavy lifting has been done-fully leased, recently renovated, and generating steady cash flow. A rare, hassle-free opportunity for passive investors and ideal for a 1031 exchange.

Property Features

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  •  0.78
  •  4250.00
    • Cable Available
    • Electricity Available
    • High Speed Internet
    • Natural Gas Available
    • Phone Available
    • Sewe
  •  Public Sewer
  •  Public
  • Exterior Features

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    • City Lot
    • Corner Lot
    • Level
    • Drive Through
    • Parking Lot
    • Paved
    • County Road
    • Highway
    • State Road
    • Other
    • Tar/Gravel
  •  Commercial Sale
  • Interior Features

    • Central Air
    • Electric
    • Central
    • Electric
    • Heat Pump
    • Natural Gas
  • Courtesy of Performance Real Estate Services

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    Alex Norkus

    (904) 280-3000
    Keller Williams Jacksonville Realty