$2,563,636 USD
561-282-6246
8033 Normandy Blvd
Jacksonville, FL 32221
Normandy Estates
HIGHLIGHTS
- Long-Term Absolute NNN Lease – Secured by a 20-year absolute NNN lease, the property has approximately ±15.9 years remaining on the initial term
- Strong National Franchise Operator – The lease is guaranteed by Tasty Restaurant Group
- stablished Jacksonville Location – Located along Normandy Boulevard with visibility to ±32,500 vehicles per day
- Modern Freestanding QSR on Large Parcel – The ±2,952 SF building is situated on ±1.43 acres and features a dedicated drive-thru and 37 parking spaces
- Attractive Rent Structure with Sales Upside – The tenant pays annual rent of $141,000 ($47.76/SF) and benefits from a percentage rent clause
- Strong Jacksonville Market Fundamentals – As one of FL's fastest-growing metropolitan areas, Jacksonville is experiencing strong population growth
FOR SALE DETAILS
PRICE
$2,563,636 USD
PRICE/SF
$868 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
KFC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2002
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
008674-0000
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561-282-6246
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561-282-6246
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