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8033 Normandy Blvd
Jacksonville, FL 32221
KFC · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-Term Absolute NNN Lease – Secured by a 20-year absolute NNN lease, the property has approximately ±15.9 years remaining on the initial term
- stablished Jacksonville Location – Located along Normandy Boulevard with visibility to ±32,500 vehicles per day
- Attractive Rent Structure with Sales Upside – The tenant pays annual rent of $141,000 ($47.76/SF) and benefits from a percentage rent clause
- Strong National Franchise Operator – The lease is guaranteed by Tasty Restaurant Group
- Modern Freestanding QSR on Large Parcel – The ±2,952 SF building is situated on ±1.43 acres and features a dedicated drive-thru and 37 parking spaces
- Excellent Accessibility with Multiple Ingress/Egress Points - The property has multiple entry & exit options on Normandy Blvd & Peyton Place
EXECUTIVE SUMMARY
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # CQ1066435 (FL)
Matthews Real Estate Investment Services
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,952 SF
Building Class
B
Year Built/Renovated
2002/2005
Price
$3,530,922 CAD
Price Per SF
$1,196.11 CAD
Cap Rate
5.50%
NOI
$194,201 CAD
Tenancy
Single
Building Height
1 Story
Frontage
201’ on Normandy
AMENITIES
- Pylon Sign
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 008674-0000 | Improvements Assessment | $850,791 CAD |
| Land Assessment | $1,554,227 CAD | Total Assessment | $2,405,018 CAD |
PROPERTY TAXES
Parcel Number
008674-0000
Land Assessment
$1,554,227 CAD
Improvements Assessment
$850,791 CAD
Total Assessment
$2,405,018 CAD
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