Grocery Convenience Store with
5407 County Rd 23C Macclenny, FL 32063
5407 County Rd 23C, Macclenny, FL, 32063
Contact for pricing
For Sale
Contact for pricing
New 2026 construction grocery and convenience store offered for sale under an absolute net lease.
Property Size10,640 SF
Price / SF$273.59
Days on Market114
Property Features for 5407 County Rd 23C
General Information
- Standard status
- Active
- Size
- 10,640 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2026
Listing agency
Berkeley Capital Advisors Charlotte
Listed by
Al Dickens · License #NC 317771
Source
Crexi
Added: Mar 30 Updated: Jul 21 at 5:52AM Checked: Jul 21 at 5:52AM
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 Berkeley Capital Advisors Charlotte
Investment Insights
Based on property information with market context.
This brand new 2026 construction grocery and convenience store is being offered for sale as an absolute net lease property, with a corporate guarantee. The offering is structured for tenants and investors seeking a single-asset retail format focused on convenience-oriented grocery needs.
The property is located at 5407 County Rd 23C in Macclenny, Florida. Additional specifics on layout, frontage, and on-site features were not provided in the information available.
For buyers evaluating the asset, the key operational consideration noted in the remarks is the absolute net lease structure paired with a corporate guarantee.
The property is located at 5407 County Rd 23C in Macclenny, Florida. Additional specifics on layout, frontage, and on-site features were not provided in the information available.
For buyers evaluating the asset, the key operational consideration noted in the remarks is the absolute net lease structure paired with a corporate guarantee.
Key Highlights
- Built in 2026
- Grocery and convenience store offered for sale
- Property is under an absolute net lease
Local Financial Insights For Specialty 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 | $191.5k | $18.00 |
| − Vacancy | −$19.7k | −$1.85 |
| EGI | $171.8k | $16.15 |
| − OpEx | −$42.9k | −$4.04 |
| NOI | $128.8k | $12.11 |
10,640 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.84M
$1.61M – $2.15M
NOI $128,845 @ 7.0% cap · market cap 4.43%
Second Best
Retail
$1.72M
$1.50M – $2.00M
NOI $120,255 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$2.84M
$2.48M – $3.31M
NOI $198,670 @ 7.0% cap · market cap 6.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Similar For Sale Nearby
FAQs
What type of property is this?
Grocery and convenience store - New 2026 construction grocery and convenience store offered for sale under an absolute net lease.
Where is this grocery and convenience store located?
The property is located at 5407 County Rd 23C Macclenny, FL.
What is the asking price?
The asking price for this property is $2,911,000.
What are key features of this property?
This property features: Built in 2026; Grocery and convenience store offered for sale; Property is under an absolute net lease
