7680 103rd St - Retail FOR SALE


Jacksonville, FL 32210- Jacksonville Heights
$3,618,181 USD
786-522-7027
7680 103rd St, Jacksonville, FL for Sale
$3,618,181 USD
Retail - FOR SALE
1/7
null | 5.5% Cap Rate

7680 103rd St
Jacksonville, FL 32210
Jacksonville Heights


HIGHLIGHTS

  • Starbucks has executed a brand-new 10-year lease with six 5-year extension options, demonstrating their long-term commitment to this location.
  • 2025 construction featuring high-quality materials and fixtures, backed by general contractor warranties. New Prototype Drive Thru Only
  • Situated on 103rd St, one of Jacksonville’s busiest corridors, w/ over 49,000 vpd. Ingress/Egress via 103rd Street and thru the Publix shopping center
  • Corporately guaranteed by Starbucks Corporate (Nasdaq SBUX) S&P Rated BBB+
  • Outparcel to Publix, ranked in the top 40% of Florida locations according to Placer.ai.
  • Starbucks is responsible for self-maintaining the property, minimizing the landlord's obligations. (Contact agent for more details.)

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire a prime NN leased asset - A Starbucks located 7680 103rd St in Jacksonville, Florida. Starbucks has signed a brand-new 10-year lease with six additional 5-year extension options, reflecting a strong long-term commitment to this location. The property is newly constructed in 2025, utilizing premium materials and finishes, and is backed by general contractor warranties. Strategically located on 103rd Street—one of Jacksonville’s most heavily trafficked corridors with over 49,000 vehicles per day—the site offers convenient ingress and egress via 103rd Street and through the adjacent Publix shopping center. The lease is corporately guaranteed by Starbucks (Nasdaq: SBUX), which carries a BBB+ credit rating from S&P. Positioned as an outparcel to Publix, this site ranks in the top 40% of Florida locations according to Placer.ai. Starbucks is fully responsible for property maintenance, significantly reducing the landlord’s responsibilities (contact agent for full lease terms). The Jacksonville Downtown West submarket boasts a residential population of over 16,000 within a 1-mile radius.

FOR SALE DETAILS

PRICE

$3,618,181 USD

PRICE/SF

$2,641 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Construction Starbucks - Publix Outparcel

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,750 SF

ZONING

CCG-1

APN/PARCEL ID

014509-0510

ASK ABOUT THIS PROPERTY

Jonathan De La RosaMarcus & MillichapMore Info
786-522-7027

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Jonathan De La RosaMarcus & MillichapMore Info
786-522-7027

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.