7952 Normandy Blvd - Retail FOR SALE


Jacksonville, FL 32221- Normandy Manor
$3,073,000 USD
415-690-5522
7952 Normandy Blvd, Jacksonville, FL for Sale
$3,073,000 USD
Retail - FOR SALE
1/8
null | 5.5% Cap Rate

7952 Normandy Blvd
Jacksonville, FL 32221
Normandy Manor


HIGHLIGHTS

  • New 15-year absolute NNN ground lease to Dutch Bros, the second-largest drive-thru coffee chain in the U.S.
  • 10% rental increases every five (5) years in initial term and four (4) option periods of five (5) years each, ensuring consistent income growth.
  • Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
  • Dutch Bros opened its 1,000th shop in February 2025 and plans to open 1,000 more by 2029.
  • Total revenue for Q4 2025 increased by 29% year-over-year.
  • Dutch Bros is projecting 2026 revenue near $2.0 billion, alongside continued same store sales growth (estimated approximately 3–5%).

OVERVIEW

This property offers a prime retail location with high visibility and easy accessibility near the signalized intersection of Normandy Boulevard and Fouraker Road, which experiences a combined traffic count exceeding 47,000 vehicles per day. The site benefits from reliable tenancy, as Dutch Bros opened its 1,000th shop in February 2025 and has announced plans to open an additional 1,000 locations by 2029. The surrounding area supports a strong demographic base, with a five-mile radius encompassing a population of 162,595 residents and an average annual household income of $89,982 within one mile. Positioned near major Jacksonville traffic drivers, the property enjoys proximity to Atlantic Beach, Neptune Beach, and Jacksonville Beach, which attract significant tourist and recreational traffic. The asset features an absolute NNN ground lease, eliminating management responsibilities for ownership by transferring all maintenance and expense obligations, including roof, structure, and parking lot, to the tenant. Additionally, projected income growth within one-, three-, and five-mile radii over the next five years positions both Dutch Bros and the Jacksonville market for sustained, concurrent expansion.

FOR SALE DETAILS

PRICE

$3,073,000 USD

PRICE/SF

$3,504 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Dutch Bros

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

-

APN/PARCEL ID

007621-0060

ASK ABOUT THIS PROPERTY

Vincent AicaleCushman & WakefieldMore Info
415-690-5522

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Vincent AicaleCushman & WakefieldMore Info
415-690-5522

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