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34248868
34248867

348 Blanding Boulevard, Orange Park, FL 32073

SB
FL BK3629909, CT REB.0794450
CrownPoint Partners
JS
CA 02074212
CrownPoint Partners
Listed by CrownPoint Partners
$2,033,000
1 day on market
Updated 1 day ago

Fatburger | 15 Yr Absolute Net

Details
APN 12-04-25-020293-005-00
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,360
Cap Rate 6.15%
NOI $125,000
Occupancy 100%
Tenancy Single
Brand/Tenant Burger King, McDonald's (+4)
Lease Type Absolute NNN
Lease Term 15
Rent Bumps Yes
Lease Options 3X 5 YEAR
Broker Co-Op True
Year Renovated 2025
Buildings 1
Stories 1
Acreage 0.630
Parking Spaces 23 spaces
Parking per 1,000 SqFt 9.75
Investment Type Net Lease
Lease Commencement 04/07/2025
Ground Lease No
Ownership Fee Simple

3rd Florida Location | Global Brand | 59k VPD

Investment highlights

PROPERTY HIGHLIGHTS

• Brand New 15 Year Absolute Net Lease with Zero Landlord Responsibilities

• Attractive 10% Rental Increases Every 5 Years in Base Term and Options

• 2,360 SF Drive Thru Building, Fully Renovated in 2025

• Former Tenant was a Successful Dairy Queen that Closed Due to Owner’s Retirement with 20+ Year Operating History

• Rare Opportunity to Acquire one of the First Florida Locations for the Iconic, Global Restaurant Brand, Fatburger

• Franchisee, Whole Factor Inc., has Exceeded Expectations with the First Florida Locations in Riverview and Celebration

• 40 Florida Locations are Committed to Whole Factor Inc. Over the Next Decade

• Fat Brands Inc., the owner of the Fatburgers Brand, is an International Company with 18 Total Restaurant Brands and 2,380+ Locations

• Fat Brands Inc. Reported $2.1 Billion in Global Sales

• Four Individual Personal Guarantees Displaying the Franchisee’s Commitment to the Site and Overall Florida Expansion

LOCATION HIGHLIGHTS

• Over 59,000 Vehicles Pass the Site Daily in its Prominent Positioning on Blanding Boulevard

• Blanding Boulevard is the Commercial Hub for Orange Park, Known for its High Concentration of Retail, Restaurants, and Shopping Centers

• Located just a Few Blocks from HCA Florida (433 Beds) and Orange Park High School (1,926 Students)

• Two Elementary Schools. S Bryan Jennings (495 Students) and WE Cherry (640 Students) are Approximately 1 Mile North of Subject

• Directly Behind Subject is a Dense Residential Neighborhood and The Park at Matera Apartment Homes, a Luxury Community with 154 Units

• Dense Population with 144,816 People in a 5-Mile Radius, Expected to Grow to 155,269 People by 2029

• Jacksonville International Airport, which Serves Over 7.6 Million Passengers Annually, is Less than 30 Miles North of the Subject

• Downtown Jacksonville is 15 Miles to the North of the Subject

Listing Contacts

SB
FL BK3629909, CT REB.0794450
CrownPoint Partners
JS
CA 02074212
CrownPoint Partners
Listed by CrownPoint Partners

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$125,000.00
$10,416.67/mo

Valuation Metrics

0
DSCR
6.15%
Cap Rate
6.15%
ROI

Map

Zoning

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BB CommercialSpecial CommercialIntermediate Business
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Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Shannon Bona
License
BK3629909
Brokerage
CrownPoint Partners
Brokerage Phone
2035924688
Title
Co-Founder & Managing Partner
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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