Jacksonville sits inside a Florida fuel and C-store market that prices tighter than almost anywhere in the country. Florida has roughly 9,730 convenience stores and cap rates near 5.11%, the lowest of any state we track. For Jacksonville owners that compression rewards well-run, fee-simple sites with clean environmental files. For buyers it means underwriting has to be exact, because there is little room for error at these prices. Gas Station Trader is the fuel and C-store practice of Eagle Nest Property Group in Dallas, with brokerage through Eagle Nest Brokerage LLC, a licensed Texas broker, and more than 250 million dollars transacted. Principal Stuart W. Monteith is a D CEO Power Broker for 2025 and 2026.
The Jacksonville Gas Station Market
Jacksonville is part of a Florida market of roughly 9,730 convenience stores, the third-largest state count in the nation after Texas and California. Florida prices tighter than any other state we cover, with cap rates near 5.11% against a national average of about 5.6%. Demand here is driven by interstate traffic, a growing metro, and strong national brands competing for corners. A busy urban Jacksonville station can move 100,000 to 150,000 gallons per month, well above the US average of about 4,000 gallons per day. That volume matters because in-store sales, not fuel, drive profit. C-store items run 20% to 40% margins and produce roughly 70% of station profit on about 30% of revenue. See our Florida gas stations for sale overview for the statewide picture.
Buying a Gas Station in Jacksonville
Buying in Jacksonville means underwriting tight pricing with discipline. Most owner-operators finance through SBA 7(a), which caps at 5 million dollars, requires a 15% minimum equity injection on special-purpose gas stations, and offers real estate terms up to 25 years. June 2026 SBA rates run about 9% to 11.5% APR variable, with closings in 30 to 90 days. Conventional financing typically wants 30% to 40% down, and many banks avoid underground storage tanks due to CERCLA liability. Every SBA fuel deal requires a Phase I ESA to ASTM E1527-21, costing 1,800 to 3,500 dollars. Start with our acquisition services, run numbers in the valuation calculator, and review the due diligence checklist before you write an offer.
Selling a Gas Station in Jacksonville
Florida's tight cap rates work in a seller's favor when the site is positioned correctly. The cleanest value comes from fee-simple real estate plus business, which prices near 8x EBITDA and 7x to 9x in premium submarkets, against 4.0x to 7.0x EBITDA for combined business and 2.5x to 4.0x for business-only deals. Buyers will scrutinize fuel volume, in-store margins, and your environmental file, so resolving UST and Phase I issues before listing protects price. Typical sale timelines run 3 to 6 months. Broker commissions are 10% to 20% on business-only transactions and about 6% to 10% when real estate is included. Engage our disposition team, explore a sale-leaseback to separate operations from real estate, or read how to increase gas station value ahead of a sale.
Values and Cap Rates in Florida
Florida is the benchmark for tight gas station pricing, with cap rates near 5.11% versus a national average of about 5.6%, roughly 5.58% with fuel and 6.87% without. Tenant credit sets the floor in Jacksonville: Wawa trades 4.83% to 5.20%, 7-Eleven 5.00% to 5.40%, Murphy USA around 5.13%, and Circle K 5.35% to 5.65%. NNN-leased, fee-simple assets command the strongest pricing and make ideal 1031 replacements, where investors have 45 days to identify and 180 days to close. Absolute NNN deals with 15 to 20 year terms are the cleanest replacements. Model your numbers in the cap rate calculator, browse NNN gas station listings, and review cap rates by state for context.
