For Sale
$1,696,000

51 Duval Station Rd Jacksonville, FL 32218

High-Yield QSR Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents a brand-new, single-tenant, 950-square-foot Ellianos Coffee located at 51 Duval Station Rd, Jacksonville, FL 32218. The property sits on a 0.45-acre lot with 21 parking spaces and boasts a strong 5.75% cap rate, generating a current NOI of $97,500. Built in 2023, this free-standing building offers a 15-year absolute NNN lease with a franchisee tenant, ensuring consistent cash flow. The lease includes built-in rent bumps of 10% every five years, providing a hedge against inflation and significant long-term growth potential. Three 5-year lease options further solidify the investment's stability. The property's prime location off I-95 (121,000 vehicles per day) provides excellent visibility and accessibility, benefiting from proximity to the River City Marketplace, a high-performing regional shopping mall anchored by major retailers like Walmart, Lowe's, and Best Buy. Its close proximity to Jacksonville International Airport (9 minutes) adds to its strategic advantage. The Ellianos Coffee brand, with 39 existing locations and over 110 planned, demonstrates significant growth potential and brand strength. This is a compelling investment opportunity offering strong returns and long-term stability. The APN is 107669-0500. The asking price is $1,696,000.

Highlights

  • Brand new, 15-year NNN lease with three 5-year options for a 950 SF Ellianos Coffee.
  • Ellianos Coffee has 39 existing locations and plans for over 110 more.
  • Lease includes 10% rent increases every five years.
  • Excellent location off I-95 (121,000 VPD), near River City Marketplace (Walmart, Lowe's, Best Buy).
  • River City Marketplace ranks in the top 85% of US super-regional malls; its Walmart is in the top 80%.
  • 9 minutes from Jacksonville International Airport.

Property Details for 51 Duval Station Rd

Property type
Retail properties
Year Built
2023
Buildings
1
Stories
1
Lot Size (sq. ft)
19,602 SF
Units
1

Location Insight

City
Jacksonville
County
Duval
State
Florida
Latitude
30.4894368
Longitude
-81.6239196

FAQs

What type of property is this?
Retail property - High-Yield QSR Investment Opportunity
Where is the retail property located?
The property is located at 51 Duval Station Rd Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,696,000.
What are key features of this property?
This property features: Brand new, 15-year NNN lease with three 5-year options for a 950 SF Ellianos Coffee.; Ellianos Coffee has 39 existing locations and plans for over 110 more.; Lease includes 10% rent increases every five years.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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51 Duval Station Rd
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