Vero Capital Group is pleased to offer the opportunity to acquire a vacant second-generation restaurant property located at 9735 Gate Parkway N in Jacksonville, Florida. The building is positioned as a freestanding outparcel within a high-traffic retail corridor and features existing infrastructure well-suited for a range of food and beverage concepts. STRATEGIC POSITIONING Located just off Gate Parkway, a major commercial corridor in Jacksonville, the property benefits from significant visibility and accessibility. PROXIMITY TO RETAIL HUBS The site is adjacent to St. Johns Town Center, one of the region's premier retail destinations, attracting substantial consumer traffic. ACCESS TO MAJOR THOROUGHFARES Easy access to Interstate 295 and J. Turner Butler Boulevard (SR 202)facilitates connectivity to the broader Jacksonville area. ZONING The property is zoned Planned Unit Development (PUD), a flexible zoning classification in Jacksonville that permits a mix of commercial uses tailored to the development's specific plan. This designation allows for various commercial activities, including restaurant operations, retail establishments, and other compatible uses, subject to the stipulations outlined in the approved PUD agreement. Given the property's history as a restaurant, it is well-suited for continued use in the food and beverage sector or other commercial applications. HIGH BARRIER TO ENTRY WITH LIMITED VACANCY The St. Johns submarket offers a rare combination of strong demand and limited supply, making it one of the most competitive retail environments in Northeast Florida. Retail vacancy in the area remains exceptionally low—typically below 4%, with even tighter availability around St. Johns Town Center and Southside Boulevard. At the same time, high land costs, limited entitled parcels, and escalating construction expenses have made new development increasingly challenging. This creates a high barrier to entry for both tenants and developers. For an owner-user, acquiring an existing freestanding asset in this location presents a unique opportunity to secure a long term foothold in a market with minimal turnover and strong underlying fundamentals.