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Bono's Pit Bar-B-Q Bartram Park 12620 Bartram Park Blvd 3,896 SF Retail Building Jacksonville, FL 32258 $2,868,222 ($736.20/SF) 6% Cap Rate



INVESTMENT HIGHLIGHTS
- Attractive Rent Increases
- Strategic Retail Location
- Official Bar-B-Q of the Jacksonville Jaguars
- Zero Landlord Responsibilities
- Corporate Guarantee
- Strong Store Counts and Regional Presence
EXECUTIVE SUMMARY
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase Bono’s Pit Bar-B-Q, a single tenant net lease investment property located at 12620 Bartram Park Boulevard in Jacksonville, FL (the “Property”). Bono’s has 6+ years remaining on their original 15-year lease with two (2) 5-year renewal options and has been at the location since 2006. The lease includes attractive 2% rental increases each year throughout the initial term and renewal option periods. Bono’s Pit Bar-B-Q contains 3,896 square feet of gross living area and is situated on a 0.79-acre parcel. Bono’s Pit Bar-B-Q is located along Bartram Park Boulevard, a primary commercial corridor in the rapidly growing Bartram Park submarket of Jacksonville, Florida, offering strong visibility and convenient access within a well-established retail and residential node. The Property is positioned near signalized intersections and in close proximity to complementary national and local retailers, service providers, and dining options that generate consistent daily traffic. Surrounded by dense, affluent residential communities and nearby employment centers, the site benefits from a stable and expanding customer base. The Property provides efficient access to Interstate 95 and Interstate 295, as well as Philips Highway (U.S. Route 1), allowing for direct connectivity to Downtown Jacksonville, St. Johns County, and the broader Northeast Florida region.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,896 SF
Building Class
C
Year Built
2006
Price
$2,868,222
Price Per SF
$736.20
Cap Rate
6%
NOI
$172,093
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.79 AC
Zoning
PUD
Frontage
152’ on Bartram Park Blvd
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Accommodation and Food Services
- -
- -
- Nov 2032
Welcome to Bono’s Pit Bar-B-Q!!! At Bono’s, it’s not just about serving great food, it’s about providing the most authentic traditional southern BBQ experience you’ve ever had. They have worked hard to ensure that every time you walk into one of their restaurants you are presented with a genuine down-home experience, where customer service, incredible food, and full stomachs are never taken for granted. That is why they cook all of their award-winning BBQ fresh everyday and finish it on a live pit, the way real BBQ is supposed to be cooked. They are committed to their team, customers, and community to offer a sense of pride at every level.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
Accommodation and Food Services | - | - | Nov 2032 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 158767-2520 | Improvements Assessment | $498,402 |
| Land Assessment | $823,198 | Total Assessment | $1,321,600 |
PROPERTY TAXES
Parcel Number
158767-2520
Land Assessment
$823,198
Improvements Assessment
$498,402
Total Assessment
$1,321,600
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