Aspen Dental and Mission BBQ Strip Retail Center For Sale

 

 This Retail Property is Off-Market.

Contact us for other Commercial Properties.

O’Reilly Commercial Realty LLC 

Patrick O’Reilly  

Phone: (352) 237-2222  

Email: OreillyCommercialRE@gmail.com

Commercial Property Listing at 8440 Blanding Blvd., Jacksonville, FL 32244

Jacksonville Florida Retail Property For Sale

Price:

$4,456,000

Gross Leasable Area:

7,800 SF

Price per SF:

$571.28

Property Type:

Retail

Property Sub-type:

Strip Center

Property Use Type:

Net Lease Investment with

10+ years left on lease

Cap Rate:

6.25%

Occupancy:

100%

Tenancy:

Multiple

Year Built:

2015

Lot Size:

1.44 AC

Highlights of Florida Investment Property

• Corporate Guarantee Fully-stabilized investment backed by Aspen Dental and Mission BBQ.
• Long Term Leases Ten (10) year lease terms accompanied by three (3), five (5) year renewal options.
• Desirable Rent Increases Leases feature rental increases every five (5) years in the primary term and option periods.
• Built-In Customer Base Less than 5 miles from Jacksonville Naval Complex, the largest U.S. Navy base in Southeast with 23,000+ military personnel.
• Premier Retail Corridor - positioned at a signalized intersection directly off Interstate 295 in Orange Park's dense retail trade corridor
• Population of 150k+ Over 56,000 households and a population of 150,000 within a five (5) mile radius.

Description of Commercial Real Estate Listing

The Stan Johnson Company is pleased to offer for sale to qualified investors the fee simple interest in a brand new multi-tenant retail property located at 8440 Blanding Boulevard in Jacksonville, FL. The 7,800 square foot freestanding building is 100% leased to national tenants, Mission BBQ and Aspen Dental. Both tenants will operate under corporate ten (10) year NN leases with three (3), five (5) year renewal options and rental increases every five (5) years in the primary term and option periods. Newly constructed in 2015, the property is strategically located less than five (5) miles from Jacksonville Naval Complex, the largest U.S. Navy base in the Southeast and is home to over 23,000 military personnel. The subject property also benefits from a premier retail trade location at a signalized intersection directly off Interstate 295 with exposure to over 92,000 vehicles per day.

Jacksonville is the largest city in the state of Florida by population and the largest city by area in the contiguous United States. It is the county seat of Duval County and the principal city in the Jacksonville metropolitan area, with a population of 1,345,596 as of 2012. Jacksonville is home to many prominent corporations and organizations, including the headquarters of four Fortune 500 companies: CSX Corporation, Fidelity National Financial, Fidelity National Information Services and Southeastern Grocers. Interline Brands is based in Jacksonville and is currently owned by The Home Depot. The Florida East Coast Railway, Swisher International Group and the large short line railroad holding company RailAmerica are also based in Jacksonville  

Financial Summary - Major Tenant Information
Actual

• Net Operating Income
  $278,500

  8440 Blanding Boulevard., Jacksonville, Florida 32244 (Duval County)

 Listing information courtesy of Stan Johnson Company. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, solely to identify potential properties for potential purchase.






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Wawa Net Lease Properties coming to Fort Lauderdale

Fort Lauderdale will soon have a Wawa Convenience store and gas station. This Wawa chain which is very popular in the Tampa Bay and St. Petersburg areas will see a South Florida expansion plan. The first Wawa net lease property location should be in Broward County more particularly in Fort Lauderdale.

Our city of Fort Lauderdale has the Development Review Committee checking plans to see if they will allow construction to start. This commercial real estate construction would be a Wawa at the location 6001 N. Powerline Road. That location would receive plenty of traffic as it is on the southwest corner of the busy Cypress Creek Road. This portion of Fort Lauderdale has the Executive Airport, numerous office buildings as well as some Florida hotels.

Wawa Triple Net Lease Properties For Sale

These Wawa NNN Lease properties are perceived by many as a tremendous investment opportunity. These Wawa Triple Net Lease Properties For Sale are normally properties which are situated in tactical locations which receive high traffic counts. Many Florida Property Investors prefer the Wawa Convenience store and gas stations sitting on hard signalized corners.

Our Fort Lauderdale Wawa could end up with about 5,161 square feet and then have the fueling positions on the property. The Florida Real Estate developers also have plans for a 4,479 square-foot building for a McDonald’s as well as an approximate 6,328 square-foot Krispy Kreme retail net lease property. There could be other NNN Lease Property tenants if approve by Fort Lauderdale Development Review Committee.

Wawa Net Lease Properties in Florida

Wawa is a Pennsylvania based company with plans to open many more service stations in South Florida. Again as those of us who visited a Wawa in the Tampa Bay area well you will know they have plenty of fresh food including delicious sandwiches made in front you, soft drinks and coffee. While the Wawa in Fort Lauderdale is planned at Cypress Creek Road and Powerline Road, there should be more. Public County documents show that additional Wawa locations are planned in Sunrise, Davie, Parkland, Pompano Beach, Deerfield Beach, West Palm Beach, Riviera Beach, and Palm Springs (Lake Worth).

Net Leased Tenant Description

The majority of the Wawa triple Net Lease investments are Absolute Triple Net with No Landlord management responsibilities. The Company, Wawa is highly sought after by investors as it is a national tenant ranked #40 in Forbes top private companies. The most recent reports showed Wawa Company maintains an investment grade credit rating.

These net lease property investors welcome Wawa to the commercial property market. Wawa convenience stores and gas stations offer a bright future for net lease property investors. The privately owned company, Wawa is believed by many to be one of the most solid convenient store operators in Florida.

If you have the inside track on market conditions and have faith in your proven strategies then it is time to buy Florida Commercial Properties. The right opportunities are coming forward at the right time. The investment management firms, REITs and our private investors can check our website for the latest Florida Commercial Property Listings.

Contact us for Commercial Properties For Sale in Florida.

O’Reilly Commercial Realty LLC
Patrick O’Reilly
Phone: (352) 237-2222
Email: OreillyCommercialRE@gmail.com





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