934 Blanding Blvd - Bank FOR SALE


Orange Park, FL 32065
$1,522,000 USD
516-428-6050
934 Blanding Blvd, Orange Park, FL for Sale
$1,522,000 USD
Bank - FOR SALE
1/8
null | 5.75% Cap Rate

934 Blanding Blvd
Orange Park, FL 32065


OVERVIEW

Current Real Estate Advisors is pleased to present the opportunity to acquire this Checkers restaurant (the "Property"), a freestanding, single-tenant ±2,600 SF building located on a 0.62 acre lot in Orange Park (Jacksonville MSA), FL. The Property benefits from an Absolute NNN lease, imposing zero landlord responsibilities and delivering a fully passive income stream. This asset is part of a Portfolio (see Page 3 for details) and may be acquired separately or together. This offering is structured as a Sale-Leaseback transaction, with a brand-new 10-year lease to be executed at closing, featuring 2% annual rent escalations and 2, 5-year renewal options—reflecting the operator's long-term commitment to and confidence in this location. The Tenant is a proven, Jacksonville-based multi-concept operator with an established track record across multiple brands and franchise systems throughout the market. This Checkers location is a strong performer, evidenced by healthy unit-level sales and a favorable Rent-to-Sales ratio — underscoring the durability and resilience of the underlying cash flow. This offering represents a compelling opportunity to acquire a well-positioned, income-producing quick-service restaurant asset within one of Florida's most dynamic and fastest-growing MSAs, backed by a committed local operator and underpinned by a stable, long-term passive income stream.

FOR SALE DETAILS

PRICE

$1,522,000 USD

PRICE/SF

$640 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Checkers SLB

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

BB

APN/PARCEL ID

23-04-25-020393-002-00

ASK ABOUT THIS PROPERTY

Michael WilliamsCurrent Real Estate AdvisorsMore Info
516-428-6050

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Michael WilliamsCurrent Real Estate AdvisorsMore Info
516-428-6050

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