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1375 Western Blvd
Jacksonville, NC 28546
CAVA · Retail Property For Sale
Executive Summary
• Located on the outparcel of Gateway Plaza, a Target-anchored Power Center
• Brand new 15-year Lease
• 10% rental increases every 5 years of initial term
• Three, 5-Year options, extending potential term through 2055
• Corporately-Guaranteed Lease
• Recent renovations include Site reconfiguration and added drive-thru & patio in 2025
• Established in 2006, CAVA has recently scaled its national footprint, opening roughly 300+
stores since 2020 and added 72 new restaurants in 2025 alone
• Strong Initial Placer.ai Data among CAVA locations
• Ranks Top 15% Nationally
• Ranks Top 4% in North Carolina
• All 453 locations are owned corporately by Cava Group, Inc
• Brand new 15-year Lease
• 10% rental increases every 5 years of initial term
• Three, 5-Year options, extending potential term through 2055
• Corporately-Guaranteed Lease
• Recent renovations include Site reconfiguration and added drive-thru & patio in 2025
• Established in 2006, CAVA has recently scaled its national footprint, opening roughly 300+
stores since 2020 and added 72 new restaurants in 2025 alone
• Strong Initial Placer.ai Data among CAVA locations
• Ranks Top 15% Nationally
• Ranks Top 4% in North Carolina
• All 453 locations are owned corporately by Cava Group, Inc
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,055 SF
Building Class
B
Year Built/Renovated
1988/2025
Price
$4,433,961 CAD
Price Per SF
$1,451.38 CAD
Cap Rate
6%
NOI
$266,038 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.07 AC
Zoning
CC - Community Commercial
Parking
30 Spaces (9.82 Spaces per 1,000 SF Leased)
Frontage
56’ on Western Blvd
Amenities
- Pylon Sign
- Signage
- Wheelchair Accessible
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