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33347189

University Boulevard West, Jacksonville, FL 32217

JS
CA 02074212
CrownPoint Partners
DB
CA 02108110
CrownPoint Partners
Listed by CrownPoint Partners
$3,273,000
2 days on market
Updated 2 days ago

30 YEAR ABS NNN | Corporate Lease

Details
Property Type Retail
Square Footage 3,000
Cap Rate 8%
NOI $261,888
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 30
Remaining Term 30
Rent Bumps Yes
Lease Options 2-5 year
Year Renovated 2026
Acreage 0.500
Tenant Credit Corporate Guarantee
Ground Lease No

30 YEAR ABS NNN | Corporate Lease

Marketing description

• Within a 1 Mile Radius, there are 31 Apartment Complexes, Supplying the Community with 1,330+ Units

• University Boulevard Traffic Counts are Strong with an average of 31,500 Vehicles per Day

• Traffic Counts Further Increase to 58,500 VPD on Arlington Express Way with over 76,500 VPD traveling across the nearby Matthews Bridge

• Directly Across St. John’s River is JAXPORT, Jacksonville’s Port Authority which has Three Main Cargo Terminals, a Cruise Terminal and Two Intermodal Container Transfer Facilities

• Jacksonville University is 1.5 Miles North of the Subject, Home to 4,000+ Students and 1,500 Faculty Members

• Other Higher Education Facilities in Immediate area include Florida State College at Jacksonville (20,700+ Students) and University of North Florida (16,500 Students)

• EverBank Stadium, Less than 3 Miles Away is Undergoing a $1.4 Billion Renovation with Completion Set for 2028.

• Less than 3 Miles from Downtown Jacksonville

• Dense Population of 215,473 in a 5-Mile Radius is Further Set to Grow to 227,111 by 2029

Investment highlights

• 30 Year Absolute Net Lease Offers Predictable Cash Flow

• Forward Sale / Under Construction Opportunity

• Strategically Positioned along University Boulevard with Exposure to Approximately 31,500 Vehicles Per Day, Supporting Exceptional Visibility and Long-Term Brand Recognition

• Highly Accessible Jacksonville Location with Immediate Connectivity to the Arlington Expressway and Matthews Bridge Corridors, Exposing the Site to Regional Commuter Traffic Exceeding 58,500–76,500 Vehicles Daily

• Purpose-Built for the ChiroTime Operating Model Focused on Chiropractic Care, Personal Injury Rehabilitation, Occupational Medicine, DOT Physicals, and Walk-In Musculoskeletal Treatment • No Landlord Responsibilities and Potential Tax Advantages, Including Opportunities for Accelerated Depreciation

• Ideal For Private Investors or 1031 Exchange Buyers Seeking A Manageable, Income-Producing Healthcare Asset With Strong Credit Tenancy

• Approximately 2,984 SF Outpatient Healthcare Facility Situated on a Functional Site with 24 Dedicated Parking Spaces Supporting High Patient Throughput and Recurring Visits

• Immediate Trade Area Features Significant Multifamily Density with Over 1,330 Apartment Units within 1 Mile, Supporting Recurring Chiropractic and Rehabilitation Demand

Listing Contacts

JS
CA 02074212
CrownPoint Partners
DB
CA 02108110
CrownPoint Partners
Listed by CrownPoint Partners

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$261,888.00
$21,824.00/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI

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