Freestanding Automotive Service
For Sale
Contact for pricing
5717 University Boulevard West, Jacksonville, FL 32216
Single-tenant facility with a true NNN lease and contractual annual rent escalations.
Property Size5,760 SF
Price / SF$386
Days on Market75
Property Features for 5717 University Boulevard West
General Information
Standard status
Active
Size
5,760 SF
Total Parking Spaces
19
Property subtype
Retail
Zoning
CCG-1
Occupancy
100%
Lease Type
NNN
Net Operating Income
$128,171
Additional Details
Road Access
Yes
Building Details
Year Built
1995
Buildings
1
Tenancy
Single
Listing Agency:
Ackerman & Co
Listed By:
Allen Farr · License #GA 378618
Source:
Crexi
Added: Aug 5
Changed: Oct 14
Last Checked: Oct 16 at 9:23AM
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 Ackerman & Co
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding automotive service facility contains 5,760 square feet and was built in 1995. The property is occupied by Apex Tire & Auto under a true NNN lease, with contractual 4% annual rent escalations and limited landlord responsibilities. Zoning is CCG-1.
The property is located at 5717 University Boulevard West in Jacksonville’s Southside corridor. The site benefits from dedicated access and a prominent position along University Boulevard, within an established area that includes residential development, national retailers, and healthcare providers. Apex Tire & Auto has operated at the location since 2018.
The property is located at 5717 University Boulevard West in Jacksonville’s Southside corridor. The site benefits from dedicated access and a prominent position along University Boulevard, within an established area that includes residential development, national retailers, and healthcare providers. Apex Tire & Auto has operated at the location since 2018.
Key Highlights
- 5,760‑square‑foot freestanding automotive service facility
- True NNN lease with 4% annual rent escalations
- Single‑tenant occupancy by Apex Tire & Auto
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,101
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,302,020
$1.3M
Cap Rate 7%
$930,014
$930.0K
Cap Rate 9%
$723,344
$723.3K
Market Conditions
NOI Build-Up for 5,760 SF
Gross rent
$103.7K $18.00/SF
− Vacancy
−$10.7K −$1.85/SF
EGI
$93.0K $16.15/SF
− OpEx
−$27.9K −$4.84/SF
NOI
$65.1K $11.30/SF
Area
Jacksonville, FL
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 Rate 5%
$1,302,020
Cap Rate 7%
$930,014
Cap Rate 9%
$723,344
Alternative Uses
Best Use
Retail
$930.0K
$813.8K – $1.09M
NOI $65,101 @ 7.0% cap · market cap 2.92%
Second Best
Industrial
$457.2K
$400.1K – $533.4K
NOI $32,006 @ 7.0% cap · market cap 1.44%
Theoretical Best
Office A
$1.58M
$1.38M – $1.84M
NOI $110,454 @ 7.0% cap · market cap 4.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,848
Businesses Nearby
326k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 43%
Dining 35%
Apparel 13%
Groceries 6%
Wawa
Shops & Services
43,272 visits/mo
0.2 miles
Chick-fil-A
Dining
36,936 visits/mo
0.2 miles
RaceTrac
Shops & Services
31,180 visits/mo
0.5 miles
T.J. Maxx
Apparel
28,443 visits/mo
0.4 miles
Restaurant Depot
Groceries
20,704 visits/mo
0.2 miles
Demographics for 32216, FL
42,847
Population
19,796
Households
2.2
Avg Household Size
37
Median Age
32%
College-Educated
92%
High-School Grad
12.7 sq mi
ZIP Area
3,374
Density / Sq Mi
$63,253
Median Household Income
$44,078
Median Earnings
$1,311
Median Rent
$244,800
Median Home Value
Market
Vacancy Rate% for Retail in Jacksonville, FL
Similar Off Market Nearby
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- JMP DIESEL SERVICES — 6541 Powers Ave unit 14, Jacksonville, FL 32217
- Char'leys Fender Bender Experts — 6541 Powers Ave Unit #9, Jacksonville, FL 32217
Frequently Asked Questions
What type of property is this?
Auto shop - Single-tenant facility with a true NNN lease and contractual annual rent escalations.
Where is this auto shop located?
The property is located at 5717 University Boulevard West Jacksonville, FL.
What is the asking price?
The asking price for this property is $2,229,113.
What are key features of this property?
This property features: 5,760‑square‑foot freestanding automotive service facility; True NNN lease with 4% annual rent escalations; Single‑tenant occupancy by Apex Tire & Auto
