Apex Tire & Auto – Jacksonville NNN Investment

Investment Overview

The 5,760-square-foot Apex Tire & Auto building at 5717 University Boulevard W in Jacksonville, Florida, is offered as an automotive investment. The freestanding property is fully occupied under an absolute triple-net lease extending through 2028. The source lists 4% annual rent increases and a five-year renewal option. Located along University Boulevard W in Jacksonville's Southside submarket, the property serves an established commercial corridor with surrounding neighborhoods, retailers and employment centers. Investors can evaluate the lease structure and remaining term against their income objectives.

Investment Highlights

• There is a 5-year renewal option at the end of the lease term in 2028
• Absolute NNN Investment Opportunity
• $2,229,113
• 5.75% CAP
• The lease includes 4% annual rent increases, providing built-in income growth while the necessity-based automotive use supports long-term operating stability