iFly Ground Lease • 10579 Brightman Blvd
Retail | 4.68% CAP | 7,513 SqFt
Marketing description
For Sale is a 50 year absolute NNN ground lease available in the heart of Jacksonville's Southside shopping and dining district. iFLY occupies on the main subject property with a building size of 7,513 +/-SF which sits on 1.05 +/- acres. There is an adjacent .09+/- acres parcel that is also on a 50 year NNN Lease which is utilized for parking by the Holiday Inn Express owner. Both leases increase every five years(5) years.
RE#'s 1677280160 and 1677280155.
This is an absolute triple-net ground lease with zero Landlord responsibilities.
Located in Town Center Jacksonville, FL within heart of outdoor shopping and dining. Less than 15 miles from Jacksonville's Beaches, and about 14 miles from Jacksonville's Downtown, and 25 miles from JAX (Jacksonville International Airport).
Investment highlights
- Longterm NNN Lease
- 4.68% Cap Rate
- Jacksonville's Town Center
- Excellent exposure along I-295
- Traffic counts 113,000 AADT
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