10770 Beach Blvd 2,376 SF Retail Building Jacksonville, FL 32246 $2,152,381 ($905.88/SF) 5.25% Cap Rate

Marcus & Millichap is pleased to present the opportunity to acquire a net leased investment consisting of a KFC quick service restaurant. It is located on Beach Blvd, which is a key thoroughfare in Jacksonville’s Southside district. This KFC is subject to a new 20-year absolute triple net lease, offering a long-term income stream. It is a well-established store that has operated at this location since 2012. The offering provides significant long-term value as the rent is at a low price point compared to similar QSR leases.
The subject property features a 2,376 SF building. It is situated on a 1.64 AC parcel of land. The site includes a drive-thru, two access points, excellent visibility, ample parking, and high-visibility signage along Beach Blvd (55,000+ VPD). It benefits from excellent access and visibility from I-295 (100,000+ VPD) and Saint Johns Bluff Rd (20,000+ VPD).
This KFC is in the neighborhood’s primary retail corridor, benefiting from strong traffic counts along major routes. The area has a population of 84,826 within a 3-mile radius and 231,961 within a 5-mile radius, with AHHIs of $85,000+ and $93,000+, respectively. Jacksonville is one of the fastest-growing metropolitan areas in the United States, and the Southside corridor continues to experience strong growth and increased housing density.
KFC—a wholly owned subsidiary of YUM! Brands Inc.—is one of the world’s largest quick service restaurant chains, with over 4,000 U.S. locations and 32,000 stores globally. Backed by a BB+ credit rating (S&P) and over $34 billion in annual system-wide sales, the brand offers institutional-grade investment security. This site is operated under guarantee from Tasty Restaurant Group, a leading multi-brand operator with over 400 restaurants across KFC and other major QSR concepts, underscoring its strategic importance and long-term commitment to this location.