308 3rd St | Jacksonville Beach, FL 32250
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- LoopNet Team
308 3rd St
Jacksonville Beach, FL 32250
MedMen - NNN - Jacksonville, FL · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 7+ Years Remaining on a Triple Net (NNN) Lease With Minimal Landlord Responsibilities, 2.5% Annual Rent Bumps and Two Five Year Options
- Marijuana Dispensaries Remain Open as They Are Considered “Essential” Businesses
- 3 Blocks From the Beach Which is Close Proximity to the Jacksonville Beach Pier
- Tenant Recently Spent Significant CapEx and Underwent a Remodel With Renovations Retrofitted For the MedMen Brand
- Strategically Located on Corner of 3rd Street S and 3rd Avenue S With Dual Access to the Property
- Florida is an Income Tax Free State
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,690 SF
Building Class
C
Year Built
1964
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.54 AC
Zoning
JC-1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $440,380 | |
| Land Assessment | $1,746,446 | Total Assessment | $2,186,826 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,746,446
Improvements Assessment
$440,380
Total Assessment
$2,186,826
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