Daybreak Market sells for more than $10 million

The gas station and convenience store opened in January along Collins Road in Southwest Jacksonville.


The Daybreak Market at 6655 Collins Road.
The Daybreak Market at 6655 Collins Road.
File image
  • Business
  • Share

The Daybreak Market at 6655 Collins Road was sold March 5 for $10.198 million.

Plaza Street Partners LLC of Leawood, Kansas, sold the convenience store and gas station through Plaza Street Fund 118 LLC. 

Lee & Associates of Pasadena, California, bought the property through ExchangeRight Net Leased Portfolio 67 DST.

The store was built in 2023 on 3.57 acres at northeast Collins Road and Plantation Bay in Southwest Jacksonville. Its grand opening was Jan. 6.

Daybreak Market sells 76 brand gasoline. Houston-based Motiva Enterprises refines, distributes and markets petroleum products throughout the Americas. 

Under exclusive, long-term brand licenses with Shell and with Phillips 66 for the 76 brand, Motiva’s marketing operations support more than 5,000 retail gasoline stations. Motiva is wholly owned by Aramco.

The 76 brand is a registered trademark owned by Phillips 66 Co. and licensed for exclusive use by Motiva Enterprises LLC in 26 Gulf and East Coast states.

All Daybreak Markets are part of Latitude Ventures JV LLC, of which Hani Baskaron is CEO and majority owner. The company has its headquarters in Port Charlotte.


 

Sponsored Content

×

Special Offer: $5 for 2 Months!

Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.