Prime Jacksonville–Nassau County Retail Corridor – Callahan, FL

• Located along U.S. Highway 1 (South Kings Road) in Callahan, Florida, this property sits within the growing Nassau County trade area just north of Jacksonville. Callahan serves as a key commercial hub for northern Nassau County and southern Georgia traffic, benefiting from strong regional draw and limited direct competition. The site offers excellent frontage and visibility along a primary north–south artery with convenient access and strong daily traffic counts. The surrounding area includes established residential neighborhoods, expanding rural development, and continued population growth driven by Jacksonville’s northern expansion. The site also benefits from strong retail synergy, with nearby national tenants including McDonald’s, Sunoco, Popeyes Zaxby’s, Dollar General, Taco bell and more.

New 2024 Construction with Long-Term Lease Security

• Delivered in 2024 as a built-to-suit development, this modern Tractor Supply store represents new-generation construction designed for long-term operational efficiency. The lease provides a 15-year initial term with four (4) additional five-year extension options, offering up to 35 years of total lease control.

Long-Term NN+ Lease with Scheduled Rent Increases

• The lease boasts a NN+ structure, with Tenant being responsible for taxes, insurance, and CAM, minimizing landlord obligations to roof (15 year warranty), structure, and parking lot. The initial annual rent is $449,300, with scheduled 5% increases every five years throughout the base term and each of the four 5-year option periods. This structure provides predictable income growth and built-in inflation protection over the long term.
• The lease is fully guaranteed by Tractor Supply Company, a publicly traded, investment-grade national retailer, providing institutional-quality credit security.