1585 Island Lane | Fleming Island, FL 32003
James Garner, CCIM
First Vice President Investments
Jim Shiebler, CCIM, CEC
Senior Vice President Investments
20+ Years Operating History
7.05% CAP in Year 3 - Significant Rental Increases
Jiffy Lube - NNN Lease - No Landlord Responsibilities
Ideally Located in Main Retail Corridor - Surrounded by National Tenants Including: Target, Walmart, The Home Depot, Publix, Winn Dixie, Walgreens, CVS, Bank of America, Chase Bank, PNC Bank, McDonalds, Wendy’s, Panera Bread, and more!
Affluent Area - Average Household Income: $127,669 (one-mile) | $123,334 (three-mile) | $108,621 (five-mile)
Marcus & Millichap is pleased to offer for sale this Jiffy Lube located in Fleming Island, FL. Both have over 20 years operating history at this location. Jiffy Lube has a NNN lease with no landlord responsibilities. The subject property is ideally located on the main retail corridor Surrounded by national tenants including: Target, Walmart, The Home Depot, Publix, Winn Dixie, Walgreens, CVS, Bank of America, Chase Bank, PNC Bank, McDonalds, Wendy’s, Panera Bread, and more. Fleming Island is a highly affluent area with the average household income of $127,669 within one mile. This prime location has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.