This auto retail investment in St Johns, FL features a newly constructed, single-tenant property secured by a long-term absolute NNN ground lease, offering stable income and zero landlord responsibilities.

Investment Highlights

• 15-Year Lease with Rent Growth – Long-term absolute NNN ground lease provides predictable income with scheduled 10% rental increases every five years.
• Zero Landlord Responsibilities – Tenant is responsible for all operating costs, maintenance, insurance, and taxes, making this a fully passive investment.
• New Construction – Completed in 2026, the property offers modern design and minimal near-term capital expenditure requirements.
• Strong Franchise Operator – Operated by the largest franchisee within the brand, demonstrating scale, experience, and long-term commitment.
• Ground Lease Structure – Investors benefit from land ownership combined with durable, long-term cash flow.
• Tax-Advantaged State – Located in Florida, which offers no personal state income tax.
• Built-In Consumer Base – Surrounded by multiple large residential communities providing immediate and growing demand.
• Retail Synergy – Located next to a grocery-anchored shopping center within a dense retail corridor.
• Excellent Traffic Exposure – Immediate access to Interstate 95 with approximately 118,000 vehicles per day and frontage along a major county roadway.
• High-Growth County – St Johns County continues to experience impressive population and economic growth.
• Affluent Demographics – Immediate trade area supported by strong household incomes, including many six-figure earners.