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348 Blanding Blvd
Orange Park, FL 32073
Fatburger | 15 Yr Absolute Net · Retail Property For Sale
Investment Highlights
- Brand New 15 Year Absolute Net Lease with Zero Landlord Responsibilities
- 2,360 SF Drive Thru Building, Fully Renovated in 2025
- Over 59,000 Vehicles Pass the Site Daily in its Prominent Positioning on Blanding Boulevard
- Attractive 10% Rental Increases Every 5 Years in Base Term and Options
- Former Tenant was a Successful Dairy Queen that Closed Due to Owner’s Retirement with 20+ Year Operating History
- Blanding Boulevard is the Commercial Hub for Orange Park, Known for its High Concentration of Retail, Restaurants, and Shopping Centers
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,360 SF
Building Class
C
Year Built/Renovated
1975/2025
Price
$2,083,000
Price Per SF
$882.63
Cap Rate
6%
NOI
$124,980
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.63 AC
Zoning
BB - Business Commercial
Parking
25 Spaces (10.59 Spaces per 1,000 SF Leased)
Frontage
137’ on Blanding Blvd
Amenities
- Pylon Sign
- Drive Thru
Property Taxes
| Parcel Number | 12-04-25-020293-005-00 | Improvements Assessment | $415,333 |
| Land Assessment | $445,949 | Total Assessment | $861,282 |
Property Taxes
Parcel Number
12-04-25-020293-005-00
Land Assessment
$445,949
Improvements Assessment
$415,333
Total Assessment
$861,282
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