This opportunity features a Popeyes restaurant positioned at the signalized intersection of Soutel Drive and U.S. Route 1/U.S. Route 23/New Kings Road, a highly visible location with exposure to approximately 28,800 vehicles per day. The property benefits from strong accessibility and a well-established surrounding consumer base, making it a compelling net-leased investment within the Jacksonville market.
The asset is supported by a substantial demographic profile, serving a population of 129,419 residents within a five-mile radius. Average household income reaches $70,934 within three miles, providing a broad customer base drawn from surrounding neighborhoods, schools, and employment centers. Several nearby educational institutions, including Jean Ribault High School, William M. Raines High School, Ribault Middle School, and multiple elementary schools, contribute consistent daily traffic and area activity.
The property's location is further enhanced by proximity to major industrial and distribution employers. Southeast Toyota Distributors, with more than 4,300 employees, is located approximately five miles away, alongside significant distribution facilities operated by The Home Depot, Volkswagen, and BJ’s Wholesale Club. These employment drivers support daytime population levels and ongoing demand throughout the trade area.
From an investment perspective, the property is leased on an absolute NNN basis, with responsibility for maintenance and operating expenses transferred to the tenant, including the roof, structure, and parking lot. This lease structure minimizes landlord obligations while providing a streamlined ownership profile. Additionally, projected income growth across the one-, three-, and five-mile trade areas reflects favorable market fundamentals and supports the property's long-term investment appeal.