California-based company buys second Daybreak Market in Jacksonville

Lee & Associates now owns convenience stores on San Jose Boulevard and Collins Road.

  • By Dan Macdonald
  • | 11:03 a.m. March 25, 2024
  • | 4 Free Articles Remaining!
The Daybreak Market at 11470 San Jose Blvd.
The Daybreak Market at 11470 San Jose Blvd.
Plaza Street Partners
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The Daybreak Market at 11470 San Jose Blvd. sold March 14 for $11,057,296.

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

Plaza Street Partners LLC of Leawood, Kansas, sold the property through Plaza Street Fund 115 LLC.

The two companies entered into a sale agreement for the Daybreak Market at 6655 Collins Road on March 5.

Both stores opened in January.

Built in 2023, the Mandarin store is 14,101 square feet on 3.19 acres.

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

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.



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