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Investment Highlights

  • Tenants include: Jersey Mike's Subs, Massage Envy, Peno Mediterranean Grill and Kwench Juice Cafe.
  • Well-established tenants with staggered term expirations.
  • Primary retail thoroughfare for submarket.

Executive Summary

Prime multi-tenant NNN investment offering in concentrated retail corridor with VPD of 45,000. Located adjacent to Publix anchored shopping center, featuring top regional and statewide sales for national tenants. Site features great visibility, multiple points of ingress/egress, signal access, and updated 2016 build.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,266 SF
Building Class
B
Year Built
2016
Price
$5,094,790 CAD
Price Per SF
$616.35 CAD
Cap Rate
6.85%
NOI
$348,947 CAD
Percent Leased
79%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
1.12 AC
Zoning
CC - Commercial Corridor
Parking
55 Spaces (6.63 Spaces per 1,000 SF Leased)

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • -
  • -

Jersey Mike's Subs began in Point Pleasant, New Jersey, in 1956 as Mike's Subs, a neighborhood sandwich shop that later became Jersey Mike's Subs. Jersey Mike's Subs operates as a fast-casual restaurant franchisor centered on submarine sandwiches, with menu items prepared Mike's Way and customer channels that include online ordering and catering. Jersey Mike's Subs has grown into a wide franchise network across the United States and Canada, with more than 3,300 locations.

  • Accommodation and Food Services
  • -
  • -
  • Triple Net
  • -

Kwench Juice Cafe operates as a juice bar franchise focused on made-to-order juices, smoothies, açaí bowls, pitaya bowls, and juice shots. The business emphasizes fresh ingredients, including locally sourced produce, and its menu includes seasonal items and other health-oriented food options. Kwench Juice Cafe is a brand built around nutrition, customer service, and a broad network of locations and franchise opportunities across the United States.

  • Services
  • -
  • -
  • -
  • -

Massage Envy began in 2002 as a massage-focused brand and later expanded its franchised service menu to include facials and assisted stretch. The company now operates as a nationwide wellness franchise centered on massage, stretch, and skin care, with a membership model built around recurring access to bodywork and facial services. Its business spans therapeutic massage, results-driven skin care, and assisted stretching, giving the brand a broader wellness footprint than a traditional spa model. The company is a major franchise network in the U.S. wellness market.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Accommodation and Food Services - - - -
Accommodation and Food Services - - Triple Net -
Services - - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,739 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1st Floor 1,739 SF Retail - Now

1st Floor

Size
1,739 SF
Space Use
Retail
Position
-
Available
Now
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

Gold's Gym
HOTWORX
First Citizens Bank
Truist
PNC Bank
First Bank NC
Freddy's Frozen Custard & Steakburgers
Zaxby's
Old Chicago
LongHorn Steakhouse

Property Taxes

Property Taxes

Parcel Number
154195
Land Assessment
$1,080,024 CAD
Improvements Assessment
$431,974 CAD
Total Assessment
$1,511,998 CAD
  • Listing ID: 41891949

  • Date on Market: 2026-08-26

  • Last Updated:

  • Address: 3494 Western Blvd, Jacksonville, NC 28546

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