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.