← Back to search
Photography available after free registration below
Virtual Drive-By

avis/budget NNN

4586 San Juan Ave · Jacksonville, FL 32210 · Specialty Retail

Asking price
$1,800,000
Cap rate
5.38%
NOI
$96,820

Need financing on this deal

We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease typeNNN
Term remaining6.6 yrs
Expiration02/2033
Rent bumps
Options
Ground lease
Credit profileCorporate Guarantee
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF850
Price / SF$2,118
Year built
Lot size
TypeAuto Shop
Days on market159

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • Corporate Avis/Budget Location – Corporate-operated store with direct sales reporting

  • 7% Gross Revenue Participation – Annual percentage rent provides potential upside beyond base rent

  • Long-Term Lease – Lease expiration: February 28, 2033

  • Opportunity Zone Location – Potential tax benefits for qualified investors

  • Strong Jacksonville Corridor – Located on San Juan Ave with excellent visibility and access

Property overview

Premier opportunity to acquire a newly constructed, single-tenant retail asset at 4586 San Juan Avenue in Jacksonville, Florida, leased to Avis/Budget, one of the nation’s leading car rental brands.​ The property is currently under construction and being delivered as a corporate-operated Avis/Budget rental car facility, providing investors with the added security of a corporate-backed tenant.​

This investment features a unique revenue participation component, with the landlord receiving 7% of gross annual revenue, creating the potential for upside beyond base rent.​ As a corporate store, Avis/Budget reports sales directly, offering enhanced transparency and alignment of interests between tenant and ownership.​

Located along San Juan Avenue, a well-traveled commercial corridor in Jacksonville, the property benefits from strong visibility and access, supporting long-term tenant performance.​ The asset is situated within a designated Opportunity Zone, providing potential tax advantages for qualified investors.​

The lease runs through February 28, 2033, offering a stable income stream with long-term cash flow.​ The projected NOI is based on February 2027, reflecting stabilized operations and revenue participation

Take the next step on this property

We represent buyers on a cooperating commission basis. On the majority of transactions there is no separate fee to you.

Register to view photography and request the offering memorandum

Property details and lease terms are open. Photography, the offering memorandum, lease abstract and due diligence materials are shared with registered buyers.

Optional. On time-sensitive listings a call reaches you faster than email. We will not use it for automated calls or texts.

Asking-market observation aggregated from public listing sources, last observed Sep 18, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.