Commercial Real Estate Opportunities of the Week
Powered by Elite International Realty Commercial and Business Division
The Commercial and Business Division was created by Elite International with the intention of specializing in the sales of income generating commercial and business properties. Elite has a team of dedicated commercial Realtors whose only task is to research, study and introduce to our clients these unique opportunities. There are properties in every price range and various categories, including Triple-Net, Multifamily buildings, warehouses, vacant land as well as hotels and a variety of businesses for sale.
NNN Burger King -Baldwin (Jacksonville) FL
  • Price: US $ 1,850,000
  • Property Type: Free standing                    
  • Occupancy: 100%
  • CAP: 6 %
  • Building Area: approx.  3,379SF = 314m²
  • Lot: approx. 67518 SF = 6,272m²
  • NOI: US $111,049
  • Annual Expenses: 0 (Zero) NNN- Tenant responsible for all expenses including property tax, insurance and maintenance
  • Contract Terms: 8.5 years remaining
  • Increases: 1.5% annually
  • Extensions: 2- 10 years’ options
  • Guarantor: Solid Backing from Southern King LLC-Lease has Burger King Locations Backing the lease. Multi-Concept Franchisee- Sailormen, Inc. operates 138 Popeyes locations and 25 Burger King locations under Southern King LLC (2018)
  • Location: Main Thoroughfare- BK located strategically near the off ramps of two major highways (I-10 & US 301) Strong Nearby Tenant Mix Waffle House, MC Donald, Arby’s subway, Western Union
Daniel Ickowicz
Director of Sales
Elite International Realty
Office: 305-940-6611
Cell:  +1(786) 443-4424
Fax: 305-940-6615
E-mail : i nfo @eliteinternational.com

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