9271 E Baymeadows Rd - Storefront Retail/Office FOR SALE


Jacksonville, FL 32256- Baymeadows
$2,424,000 USD
239-770-2940
9271 E Baymeadows Rd, Jacksonville, FL for Sale
$2,424,000 USD
Storefront Retail/Office - FOR SALE
1/10
null | Request Cap Rate

9271 E Baymeadows Rd
Jacksonville, FL 32256
Baymeadows


HIGHLIGHTS

  • Exceptional Location Grade; Located Along the Baymeadows Retail And Business Corridor, 48,896 ADT
  • Multiple Access Points with Left in / Left Out Ability, Immediately Surrounded by Numerous Vertical Office Complexes
  • » Limited Competition in Immediate Area, Located in Front of Marriott Suites & Jersey College
  • Across From Embassy Suites, Surrounded by Office Complexes, Hotels & Businesses
  • Daytime Population Increases 39% to 111,433 within 3 Miles of Subject
  • Institutional Grade Credit & Proven Concept backed by First Watch Restaurant Group

OVERVIEW

CBRE is pleased to present for sale First Watch, a 3,600 SF casual dining, stand-alone restaurant located 8 miles from downtown Jacksonville, Duval County, Florida. First Watch is situated along Baymeadows Road and represents a compelling net-leased investment opportunity supported by strong real estate fundamentals, favorable surrounding demographics, and the financial strength of a nationally recognized and publicly traded restaurant operator. Built in 2021, First Watch is 4.7 years into their original ten (10) year lease, with 10% rent increases every five years and three (3) five-year options remaining. With limited breakfast/brunch competition, First Watch benefits from the daytime population increasing nearly 40% within 3 miles of the property. First Watch is a institutional-grade credit & proven concept backed by First Watch Restaurant Group.

FOR SALE DETAILS

PRICE

$2,424,000 USD

PRICE/SF

$673 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

5.87 AC

LAND SF

255,697 SF

ZONING

PUD

APN/PARCEL ID

148521-0510

ASK ABOUT THIS PROPERTY

239-770-2940

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239-770-2940

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