6625 Caroline St
Milton, FL 32570
Retail Property For Sale

This offering represents a newly constructed Jack’s Family Restaurant in Milton, Florida, available through a sale-leaseback structure. The property is secured by a 20-year absolute NNN lease with Jack’s Family Restaurants, LP, a corporately guaranteed tenant operating over 285 locations. The lease includes 10% rent increases every five years and four additional five-year extension options, providing long-term income stability and predictable cash flow.
Located along Caroline Street, a major commuter corridor with traffic counts of approximately 32,000 vehicles per day, the property benefits from strong visibility and accessibility. The surrounding trade area features robust demographics, with average household incomes exceeding $90,000 within a seven-mile radius, and is supported by a dense mix of national retailers including McDonald’s, Tractor Supply, Arby’s, and Regions Bank.
Jack’s Family Restaurants is a well-established quick-service brand recognized for its Southern-inspired menu and consistent customer loyalty. With an ongoing expansion strategy of 20 new locations annually, this investment aligns with a proven growth trajectory and a successful business model, ensuring long-term value for investors.