Goodyear Tire Center For
For Sale
Contact for pricing
4593 San Juan Ave, Jacksonville, FL 32210
Net-leased Goodyear Tire & Service Center with stable, long-term income.
Property Size4,884 SF
Price / SF$210.60
Days on Market282
Property Features for 4593 San Juan Ave
General Information
Standard status
Active
Size
4,884 SF
Property subtype
Retail
Occupancy
100%
Net Operating Income
$54,000
Building Details
Units
1
Tenancy
Single
Listing Agency:
White Horse CRE LLC
(850) 545-2282
Listed By:
Jake McPhail · License #SL3625299
Source:
Crexi
Added: Nov 4, 2025
Changed: Aug 8
Last Checked: Aug 12 at 10:01AM
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 White Horse CRE LLC
Investment Insights
Based on property information with market context.
This net-leased Goodyear Tire & Service Center is located at 4593 San Juan Avenue in Jacksonville, Florida. The corporate-backed asset has over 7.5 years remaining on Goodyear’s lease with no renewal options. Goodyear has operated at this location for over 60 years. The tenant recently completed capital improvements. The property is positioned along a high-traffic corridor between Roosevelt and Blanding Boulevards, offering visibility and proximity to national retailers including Publix, Wells Fargo, and Panera Bread. The corridor is experiencing redevelopment activity, including a new Avis/Budget Car Rental redevelopment project directly across the street. The property is 4884 square feet. Recent environmental reports (within 24 months) will be provided by the seller.
Key Highlights
- Corporate‑backed Goodyear Tire & Service Center with 7.5+ years remaining on the lease.
- Located on a high‑traffic corridor with exceptional visibility.
- Goodyear has operated at this location for over 60 years, demonstrating site strength.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$55,200
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.37%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,104,000
$1.1M
Cap Rate 7%
$788,571
$788.6K
Cap Rate 9%
$613,333
$613.3K
Market Conditions
NOI Build-Up for 4,884 SF
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.
Gross rent
$87.9K $18.00/SF
− Vacancy
−$9.1K −$1.85/SF
EGI
$78.9K $16.15/SF
− OpEx
−$23.7K −$4.84/SF
NOI
$55.2K $11.30/SF
Area
ZIP 32210
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,104,000
Cap Rate 7%
$788,571
Cap Rate 9%
$613,333
Alternative Uses
Best Use
Retail
$788.6K
$690.0K – $920.0K
NOI $55,200 @ 7.0% cap · market cap 5.37%
Second Best
Industrial
$387.7K
$339.2K – $452.3K
NOI $27,138 @ 7.0% cap · market cap 2.64%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,656 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
393
Businesses Nearby
30k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 42%
Sonny's BBQ
Dining
14,559 visits/mo
0.3 miles
Family Dollar
Shops & Services
7,977 visits/mo
0.4 miles
Chevron
Shops & Services
3,816 visits/mo
0.3 miles
Domino's Pizza
Dining
1,848 visits/mo
0.3 miles
Dick's Wings & Grill
Dining
731 visits/mo
0.3 miles
Demographics for 32210, FL
66,415
Population
29,198
Households
2.3
Avg Household Size
37
Median Age
23%
College-Educated
88%
High-School Grad
21.9 sq mi
ZIP Area
3,033
Density / Sq Mi
$58,215
Median Household Income
$36,997
Median Earnings
$1,205
Median Rent
$205,300
Median Home Value
Market
Vacancy Rate% for Retail in Jacksonville, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Brakes-4-Less — 2103 Blanding Blvd, Jacksonville, FL 32210
- M & S Marine Repair — 2408 Lake Shore Blvd, Jacksonville, FL 32210
- Famous Automotive & Tire Center - Blanding Blvd — 2430 Blanding Blvd, Jacksonville, FL 32210
- Independent PDR & Auto Sales — 4500 Appleton Ave Suite 1, Jacksonville, FL 32210
- Seafood Depot On Wheels — 5720 Cedar Park Ln, Jacksonville, FL 32210
Frequently Asked Questions
What type of property is this?
Auto shop - Net-leased Goodyear Tire & Service Center with stable, long-term income.
Where is this auto shop located?
The property is located at 4593 San Juan Ave Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,028,571.
What are key features of this property?
This property features: Corporate‑backed Goodyear Tire & Service Center with 7.5+ years remaining on the lease.; Located on a **high‑traffic corridor with exceptional visibility.**; Goodyear has operated at this location for over 60 years, demonstrating site strength.
