12620 Bartram Park Blvd, Jacksonville, FL 32258 For Sale

LEASE TERM: Bono’s has been at this location since 2006, showing strong commitment to the location, and has 6+ years remaining on their original lease with two (2) 5-year renewal options.

ATTRACTIVE RENT INCREASES: The Lease calls for 2% annual rental increases throughout the initial term and the renewal option periods, providing an attractive increase in revenue and a hedge against inflation.

ZERO LANDLORD RESPONSIBILITIES: Bono’s has an Absolute NNN Lease and is responsible for real estate taxes, insurance, utilities, and common area maintenance, protecting against rising expense costs. Additionally, Bono’s is responsible for all capital expenses, making it an attractive investment for the passive real estate investor.

STRATEGIC RETAIL LOCATION: Bono’s Pit Bar-B-Q is strategically positioned along Bartram Park Boulevard in Jacksonville’s fast-growing Bartram Park corridor, offering excellent visibility and convenient access within a high-traffic mixed-use setting. The Property is located just east of Old St. Augustine Road and benefits from direct connectivity to Interstate 95 and Interstate 295, two of Northeast Florida’s primary north–south and regional beltway routes, drawing customers from a wide residential and daytime population base across southern Jacksonville and northern St. Johns County. Surrounded by established and expanding residential communities, as well as complementary retail, restaurant, and service uses throughout the Bartram Park commercial node, the location is easily accessed for both local neighborhood patrons and regional commuters. This strong positioning along key Jacksonville thoroughfares enhances long-term retail demand, supports consistent traffic to the restaurant, and reinforces tenant performance over time.

CORPORATE GUARANTEE: Bono’s Pit Bar-B-Q operates under a corporate guarantee, providing an additional layer of credit security for the lease. The guarantee is backed by the broader Bono’s of America, Inc. restaurant organization, which has a long operating history and a recognized regional brand presence. This structure enhances income reliability and reduces investor risk, making the asset well-suited for passive retail investors seeking stable, guaranteed cash flow.

STRONG RETAIL TRADE AREA: The Property benefits from a strong and well- established retail trade area within the Bartram Park submarket of Jacksonville, one of the city’s most active growth corridors. The site is surrounded by a dense concentration of national and regional retailers, including Bartram Market, Shoppes of Bartram Park, and Flagler Center, which collectively drive significant daily traffic and sustained consumer activity. Additional retail destinations such as St. Johns Town Center, The Avenues Mall, and Durbin Pavilion are located within a short drive, further strengthening the area’s regional draw. Supported by strong residential growth, nearby employment centers, and excellent interstate access, the trade area provides a deep and durable customer base that enhances long- term tenant performance.

OFFICIAL BAR-B-Q OF THE JACKSONVILLE JAGUARS: Jacksonville is home to the NFL’s Jacksonville Jaguars, a major driver of regional visibility, tourism, and consumer activity. Jaguars home games at EverBank Stadium attract tens of thousands of fans and generate consistent game-day traffic that supports surrounding retail, dining, and entertainment uses. The Jaguars have featured Bono’s Pit Bar-B-Q as a concession partner at home games since 2014, highlighting the brand’s quality and demand from fans. Bono’s presence inside the stadium highlights the integration of iconic local brands into major entertainment venues and underscores the city’s preference for community-driven dining concepts

TRAFFIC COUNTS: Over 16,300 vehicles pass the Property daily along Bartram Park Blvd and more than 24,100 vehicles pass through the nearby signalized intersection of Bartram Park Boulevard and Old St Augustine Road. Additionally, the Property is just 0.5 miles from I-95 which sees over 109,800 vehicles pass through daily.

DEMOGRAPHICS: More than 50,700 people live within 3-miles of the Property with an average household income of $139,321. More than 134,600 people live within 5-miles of the Property with an average household income of $140,176.

STRONG STORE COUNTS AND REGIONAL PRESENCE: Bono’s Pit Bar-B-Q operates approximately 20 locations throughout Jacksonville and the greater Northeast Florida market. The brand shares common ownership with Willie Jewell’s Old School Bar-B-Q, a complementary regional concept with an additional 9 locations across Northeast Florida, Georgia, and South Carolina, further demonstrating experienced ownership and meaningful scale across the Southeast.