Brand New Dollar General-Jacksonville MSA 6372 Co 218 rd
10,640 SF Retail Building Maxville, FL 32234 £2,154,466 (£202.49/SF) 6.35% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Excellent connectivity to the region via nearby U.S. 301, I-10 & First Coast Expressway
- 1.49 miles to U.S. 301-primary highway for Residents & Commuters, 10.3 miles to I-10
- Clay Elementary School (418 students) directly across the street from the site
- Hard Corner Site at C.R. 218 (14,500 AADT) & C.R. 217 (3,500 AADT), Excellent Visibility along C.R. 218
- Underserved Market-nearest gas station 3.34 miles north of the site
- Nearby Commercial, Residential and Infrastructure Growth provides an expanding customer base
EXECUTIVE SUMMARY
ARCHITECTURALLY UNIQUE DOLLAR GENERAL, HEAVILY UPGRADED BUILDING
NEWLY BUILT, OPENED IN 2024 WITH A NEW 15-YEAR NNN LEASE
REACH OUT FOR MORE INFORMATION, OFFERING MEMORANDUM AND ADDITIONAL AVAILABLE INVENTORY
Clay Hill is an unincorporated community in Clay County, Florida (Jacksonville MSA). The site is at the epicenter of an area that will be undergoing continued growth as Jacksonville maintains its rapid expansion.
Directly adjacent to Clay Elementary School
Hard Corner, fronting both CR 218 (14,500 AADT) & CR 217 (3,500 AADT)
Residential growth to inject massive consumer power:
Bridle Creek (7.14 miles from the site) is a residential development with 1,200 units.
301 Villages, a new residential development with 15,000 entitled units, is 9.59 miles from the site.
Commercial Growth:
IKO Industries is building a $270 million, 300,000 sq. ft. facility (1.3 miles west of the site) adding 100 jobs and opening in 2025.
Anderson Columbia Asphalt, the largest highway construction firm in the Southeast, who employs 3,000 people nationwide, is located 1.35 miles west of the site.
Boeing has expanded its presence at Cecil Airport and Spaceport (9.25 miles from the site) by building a new 150,000 sq. ft. operations facility for $39 million. The new facility is located next to the recently completed 370,000 sq. ft. maintenance facility, that cost $183 million. The new facility is expected to create 400 new jobs.
A new air traffic control tower and mission control center officially opened for operations at Cecil Airport and Spaceport. The additions were built to accomodate additional flights and space missions.
NEWLY BUILT, OPENED IN 2024 WITH A NEW 15-YEAR NNN LEASE
REACH OUT FOR MORE INFORMATION, OFFERING MEMORANDUM AND ADDITIONAL AVAILABLE INVENTORY
Clay Hill is an unincorporated community in Clay County, Florida (Jacksonville MSA). The site is at the epicenter of an area that will be undergoing continued growth as Jacksonville maintains its rapid expansion.
Directly adjacent to Clay Elementary School
Hard Corner, fronting both CR 218 (14,500 AADT) & CR 217 (3,500 AADT)
Residential growth to inject massive consumer power:
Bridle Creek (7.14 miles from the site) is a residential development with 1,200 units.
301 Villages, a new residential development with 15,000 entitled units, is 9.59 miles from the site.
Commercial Growth:
IKO Industries is building a $270 million, 300,000 sq. ft. facility (1.3 miles west of the site) adding 100 jobs and opening in 2025.
Anderson Columbia Asphalt, the largest highway construction firm in the Southeast, who employs 3,000 people nationwide, is located 1.35 miles west of the site.
Boeing has expanded its presence at Cecil Airport and Spaceport (9.25 miles from the site) by building a new 150,000 sq. ft. operations facility for $39 million. The new facility is located next to the recently completed 370,000 sq. ft. maintenance facility, that cost $183 million. The new facility is expected to create 400 new jobs.
A new air traffic control tower and mission control center officially opened for operations at Cecil Airport and Spaceport. The additions were built to accomodate additional flights and space missions.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
10,640 SF
Building Class
B
Year Built
2024
Price
£2,154,466
Price Per SF
£202.49
Net Initial Yield
6.35%
NOI
£136,809
Tenancy
Single
Number of Floors
1
Building FAR
0.14
Lot Size
1.76 AC
Opportunity Zone
Yes
Frontage
342 ft on County Road 218
AMENITIES
- Signage
