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26812919
26812920

8033 Normandy Blvd, Jacksonville, FL 32221

GS
SL3539035
Matthews
RG
OH - 2018005194
Matthews
Listed by Matthews
$2,563,636
272 days on market
Updated 86 days ago

KFC

Details
APN 008674-0000
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,952
Cap Rate 5.50%
Occupancy 100%
Tenancy Single
Brand/Tenant KFC
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 05/01/2041
Remaining Term 16
Lease Options Four, 5-Year Options
Year Built 2002
Year Renovated 2005
Buildings 1
Stories 1
Acreage 1.430
Zoning CCG-1
Lease Commencement 05/01/2021

ABS NNN-Leased KFC | 2,952 SF QSR on 1.43-Acre Parcel

Investment highlights

  • Long-Term Absolute NNN Lease – Secured by a 20-year absolute triple-net lease, the property has approximately ±15.9 years remaining on the initial term, extending through May
    2041. The lease includes four, 5-year renewal options, ensuring investors stable, predictable, and truly passive income.

  • Strong National Franchise Operator – The lease is guaranteed by Tasty Restaurant Group, a well-capitalized multi-brand operator with approximately 463 restaurants across Taco
    Bell, KFC, Pizza Hut, Dunkin’, and Burger King. Backed by Triton Pacific Capital Partners, the tenant benefits from substantial financial resources and experienced professional management.

  • Established Jacksonville Location – Located along Normandy Boulevard with visibility to ±32,500 vehicles per day, the property offers strong exposure and convenient access. The site serves a dense mix of retail, residential neighborhoods, and commuter traffic, supporting consistent customer demand.

  • Modern Freestanding QSR on Large Parcel – The ±2,952 SF building is situated on ±1.43 acres and features a dedicated drive-thru and 37 parking spaces. Originally built in 2002 and renovated in 2005, the property offers strong real estate fundamentals and an efficient quick-service restaurant layout.

  • Attractive Rent Structure with Sales Upside – The tenant pays annual rent of $141,000 ($47.76/SF) and benefits from a percentage rent clause, providing investors with additional
    income potential tied to sales performance.

  • Excellent Accessibility with Multiple Ingress/Egress Points
    The property benefits from full access along Normandy Boulevard (State Road 228), a heavily trafficked east–west arterial, as well as an additional secondary access via Peyton Place, providing convenient entry and exit options for customers traveling in all directions. This dual ingress/egress setup enhances traffic circulation, reduces congestion, and maximizes customer convenience.

Listing Contacts

GS
SL3539035
Matthews
RG
OH - 2018005194
Matthews
Listed by Matthews

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Additional Information

Name
Kyle Matthews
License
BK3554632, CQ1066435 (FL)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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