$1,920,634 USD
843-931-9580
1902 N Main St
Jacksonville, FL 32206
Springfield
HIGHLIGHTS
- Strong in-place sales volumes support a healthy rent-to-sales ratio, providing confidence in long-term tenant viability and rent coverage.
- 1.75% annual rent increases provide consistent NOI growth and a built-in hedge against inflation.
- Florida’s tax-friendly environment enhances investor returns and increases overall yield compared to higher-tax states.
- Positioned in a dense Jacksonville corridor with strong traffic counts and proximity to major highways.
- Located near UF Health Jacksonville and Florida State College (20,000+ students), providing a consistent and diverse consumer base.
- Surrounded by national retailers including McDonald’s, Walgreens, KFC, and Wells Fargo, reinforcing the corridor as a proven QSR destination.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 1,526 SF Popeyes located at 1902 N Main Street in Jacksonville, FL. The property benefits from 1.75% annual rent escalations, supporting consistent NOI growth and serving as a hedge against inflation. Solid in-place sales contribute to a favorable rent-to-sales ratio, reinforcing the tenant’s long-term stability and positioning the asset as an attractive net-leased investment opportunity.
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
FOR SALE DETAILS
PRICE
$1,920,634 USD
PRICE/SF
$1,259 USD /SF
CAP RATE
5.2%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Popeyes - Jacksonville FL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1980
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
0.41 AC
LAND SF
17,860 SF
ZONING
CCG-S
APN/PARCEL ID
071981-0000
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843-931-9580
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843-931-9580
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