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Checkers - Jacksonville, FL

The subject property is a Checkers drive-thru located at the signalized corner of Beach Boulevard and St. Johns Bluff Road South in Jacksonville, Florida. Beach Boulevard is one of the primary retail corridors cutting across Florida. The site sits roughly nine miles from Jacksonville Beach, and is just off the 295 Freeway, which encompasses Jacksonville Central.

 

The property sits among sprawling retail, but enjoys explosive residential demographics as well, with 190,000 residents within a five-mile radius and a projected increase in population of eight percent over the next five years. National retail tenants in the area include Sonic Drive-In, Arby's, McDonald's, Domino's Pizza, Dunkin Donuts, Citgo, Burger King, Dollar Tree, CVS Pharmacy, Walgreens Pharmacy, Gold's Gym, and more. The area is then filled in with regional tenants.

Additional Info

  • Address: : 11361 Beach Blvd., Jacksonville, FL 32246
  • Price: : $1,206,000
  • Net Rentable Area: : 800
  • Lot Size (Acres): : 0.55
  • CAP Rate: : 7.25%
  • Price Per Sqft: : $1,507.50
  • NOI: : $87,456
  • Status: : SOLD