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9773 San Jose Blvd
Jacksonville, FL 32257
Retail Property For Sale
Investment Highlights
- Absolute Net Lease With Annual Rent Escalations: Over five years remaining with 1% annual rent increases throughout the term.
- Excellent Access & Visibility: The property is ideally located with excellent frontage and visibility on San Jose Boulevard (45,500 VPD).
- Outparcel Location: Outback Steakhouse is an outparcel to the 51,063 square foot Mandarin Outback Plaza.
- Dynamic Demographics: The property benefits from dynamic demographics with a 3-mile population of 63,209 and average household income of $116,545.
Executive Summary
HMX Realty Advisors is pleased to exclusively offer a 6,027-square-foot freestanding Outback Steakhouse on 0.67 acres in Jacksonville, Florida. The property is ideally located with excellent frontage and visibility on San Jose Boulevard (Traffic Count: 45,500 VPD) just 1.8 miles north of I-295 (Traffic Count: 129,000 VPD) which encircles Downtown Jacksonville. Outback Steakhouse is also an outparcel to the 51,063 square-foot Mandarin Outback Plaza occupied by Firehouse Subs, MetroPCS, H&R Block, and Dickey’s Barbecue Pit among a myriad of local retailers and is immediately adjacent to the Mandarin Medical Plaza providing Outback with a built-in customer base. In all, there is more than 5.2 MSF of retail within a 3-mile radius of the site.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,027 SF
Building Class
C
Year Built
1985
Price
$7,199,568 CAD
Price Per SF
$1,194.55 CAD
Cap Rate
5.90%
NOI
$424,868 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.67 AC
Zoning
CCG-1
Parking
60 Spaces (9.96 Spaces per 1,000 SF Leased)
Frontage
185’ on San Jose Blvd
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 148970-0010 | Improvements Assessment | $1,596,069 CAD |
| Land Assessment | $1,904,482 CAD | Total Assessment | $3,500,551 CAD |
Property Taxes
Parcel Number
148970-0010
Land Assessment
$1,904,482 CAD
Improvements Assessment
$1,596,069 CAD
Total Assessment
$3,500,551 CAD
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