Checkers NNN Property For Sale — Jacksonville, FL
7504 Atlantic Blvd, Jacksonville, FL 32211
A compelling investment opportunity, this corporate-guaranteed, absolute NNN ground lease offers a passive ownership experience. The property spans approximately 0.45 acres, zoned CCG-2, and benefits from a strategic location at the confluence of Atlantic Blvd (50,018 VPD) and Arlington Rd (12,051 VPD). The property has recently undergone renovations in 2023, enhancing its appeal and operational efficiency. The lease includes attractive options extending through 2047, providing long-term stability and growth potential for investors.
- Address: 7504 Atlantic Blvd, Jacksonville, FL 32211
- Asking price $950,000
- 6.08% cap rate
- NOI $57,767
- 21.3 years remaining
- NNN lease
- Year built: 2023
- Building size: 810 SF
- Lot size: 0.45 acres
- Lease expiration: Dec 31, 2047
- Rent increases: 10% Rent Bumps Every 5 years
- Guarantor: Corporate
Location
This Checkers property is at 7504 Atlantic Blvd in Jacksonville, Florida.
Asset type: Retail