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    1275 Cassat Ave, Jacksonville, FL

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    12,500 SF Byrider NNN asset in high-traffic Jacksonville area.

    Type:RETAIL
    Property size:
    12,500 SF
    Lot size:
    1.49 Acres
    Price / SF:
    $222/SF
    Added:
    Jun 10, 2025
    Days on Market:
    366
    Last Refresh:
    May 20 at 8:41 pm

    Property Features for 1275 Cassat Ave

    General Information

    Standard status
    Active
    Size
    12,500 SF
    Lot size
    1.49 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Gary W. Berwick
    Gary W. Berwick

    Listing agent Gary W. Berwick

    Listing office Sands Investment Group (SIG) | Charlotte

    Listing date Jun 10, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group (SIG) | Charlotte

    HighLights

    • Absolute NNN lease structure provides a secure investment.
    • High‑traffic location on a signalized hard corner with 26,000+ VPD.
    • Strong demographics: 183,245 people within a 5‑mile radius.
    • Byrider is an industry leader with over 150 locations nationwide.
    • Significant visibility and accessibility.
    • Vertically integrated model with vehicle sales, in‑house financing, and service departments.

    Overview

    This 12,500 square foot property is located at 1285 Cassat Avenue in Jacksonville, FL. Situated on a strong signalized hard corner, the dealership benefits from significant visibility and accessibility. The location boasts over 26,000 vehicles per day and a population of 183,245 people within a 5-mile radius. Byrider is an industry leader in the used car business with over 150 locations nationwide. Byrider offers a vertically integrated model, combining vehicle sales, in-house financing, and service departments; this structure allows for multiple revenue streams and enhanced customer retention. This property is suitable for auto shops, automotive properties, and retail properties.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $225.0k $18.00
    − Vacancy −$23.2k −$1.85
    EGI $201.8k $16.15
    − OpEx −$60.5k −$4.84
    NOI $141.3k $11.30
    12,500 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.02M
    $1.77M – $2.35M (±1% cap)
    NOI $141,278 @ 7.0% cap · market cap 5.08%
    Second Best
    Industrial
    $992.3K
    $868.2K – $1.16M (±1% cap)
    NOI $69,458 @ 7.0% cap · market cap 2.50%
    Theoretical Best
    Office A
    $3.42M
    $3.00M – $4.00M (±1% cap)
    NOI $239,700 @ 7.0% cap · market cap 8.62%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Dyal Power Train LLC — 530 Ellis Rd S #206, Jacksonville, FL 32254
    • Mr. Transmission — 535 Cassat Ave, Jacksonville, FL 32236
    • 24/7 mobile truck repair
    • Take 5 Oil Change — 714 Cassat Ave, Jacksonville, FL 32205
    • dnt automotive repair — 4855 Lenox Ave, Jacksonville, FL 32205

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.7301
    Latitude
    30.3006

    FAQs

    What type of property is this?
    Auto shop - 12,500 SF Byrider NNN asset in high-traffic Jacksonville area.
    Where is this auto shop located?
    The property is located at 1275 Cassat Ave Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $2,780,000.
    What are key features of this property?
    This property features: Absolute NNN lease structure provides a secure investment.; High‑traffic location on a signalized hard corner with 26,000+ VPD.; Strong demographics: 183,245 people within a 5‑mile radius.
    (980) 729-5648 Call to check price and availability
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