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Views: 100 DOM: 183 Updated: 09.12.24 Posted: 03.17.24 Status: Active

Summary

Price $1,498,109
Built/Renov 1991
Tenant Crash Champions
Cap Rate 5.50%
Lease Type Double NN
Guarantor Corporate
Size/SF 11,400
Lease Start 09-04-2018
#Units 600
Price/SF $131.41
Expiration 08-31-2028
Tenant Type Automotive
NOI $82,396
R. Term 3.11
Ownership Fee Simple
Rent/SF $7.23
Increases 10.0%/4/yrs
Pop 5Mi 145,114
Lot/AC 1.38
Options 2/5yrs/10%
AHHI 5Mi $89,745

Lease Highlights

  • Crash Champions has been operating in this location since 1998
  • The tenant has 4 years remaining on the current lease term with 2 (5-year) options to extend
  • The lease features 5% rental escalations throughout the initial term and option periods
  • Landlord responsible for HVAC, roof and structure
  • Corporate guaranteed lease

Location Description

Crash Champions is strategically located on Old St. Augustine Road, with access to 41,173 vehicles passing by daily. The property is surrounded by well-known national tenants such as Kohl’s, Grease Monkey, Ace Hardware, Big Lots!, Starbucks, and more. The 5-mile trade area boasts a population of 145,114 residents with an average household income of $89,745. Jacksonville is the most populous...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: Crash Champions
  • Guarantor:Corporate
  • Company:Crash Champions
  • # Units:600
  • Stock:Private

About Tenant

Crash Champions began in 1999 with a small shop in New Lenox, IL, New Lenox Auto Body. After over 15 years of owning a small neighborhood collision center, Matt Ebert wanted to bring his vision to...


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Demographics

  1 Miles 3 Miles 5 Miles
2028 Total Population : 14,879 62,247 152,855
2023 Total Population : 14,988 62,488 150,416
2023 Employed Civilian Pop : 8,309 35,120 84,176
2023 Total Businesses : 848 3,841 10,037
2023 Average Household Income : $ 94,108 $ 93,987 $ 97,192
2023 Total Consumer Spending : $ 538 M $ 2160 M $ 5371 M
2023 Median Age : 41 41 40
2023 Total Households : 6,564 26,559 63,860
2023 Pop Age 25+: Bachelor's Degree : 2,546 11,468 30,427
2023 Average Home Value : $ 314,802 $ 331,764 $ 349,522
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
St Augustine Rd Pritmore Rd 2010 17,618 0.04 mi
San Jose Blvd Kori Rd 2010 45,500 0.23 mi
Sunbeam Rd 9439-5 San Jose Ap 2009 21,500 0.24 mi
San Jose Blvd Sunbeam Rd 2001 57,500 0.27 mi
Beauclerc Rd Kings Colony Rd 2010 7,582 0.63 mi
San Jose Boulevard Kings Colony Rd 2022 47,500 0.64 mi
Old Saint Augustine Road Jackwood Ct 2022 25,000 0.68 mi
San Jose Boulevard Haley Rd 2022 46,000 0.75 mi
San Jose Blvd Baymeadows Rd 2018 53,000 0.95 mi
Craven Rd Victoria Chase Ct 2010 6,611 1.02 mi

Listing Broker

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