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Jungle Boys 3655 University Blvd W 4,340 SF Retail Building Jacksonville, FL 32217 $2,575,000 ($593.32/SF) 6.99% Cap Rate
Investment Highlights
- Brand New Renovation • Jungle Boys just opened for business at the end of March of this year (3/27/25)
- Top-Tier Operator • Jungle Boys is regarded as one of Florida’s premier cannabis dispensary brands and strategically growing
- Strong Demographics • Over 166,000 residents within a 5-mile radius with average household income exceeding $88,000
- Absolute NNN Retail Property • New 10 Year ABS NNN Lease structure with zero landlord responsibilities
- Prime Retail Location • Positioned directly on University Blvd monument signage & surrounded by National Brands & Retailers like Chick-Fil-A, Chipotle
- High VPD • W University Blvd sees over ~50,000 VPD • Property offers both left turn and right turn into parking lot, and near a lighted intersection
Executive Summary
Located on one of Jacksonville’s busiest thoroughfares, this brand-new Jungle Boys dispensary offers investors a rare opportunity to acquire a top-performing cannabis asset with a long term, passive income stream.
Positioned along University Blvd W, the property benefits from tremendous visibility, strong demographics, and proximity to major national retailers. As cannabis retail continues to expand in Florida, this offering combines credit tenancy, prime frontage, and minimal landlord responsibility — all in one of Jacksonville’s most high-traffic corridors.
Positioned along University Blvd W, the property benefits from tremendous visibility, strong demographics, and proximity to major national retailers. As cannabis retail continues to expand in Florida, this offering combines credit tenancy, prime frontage, and minimal landlord responsibility — all in one of Jacksonville’s most high-traffic corridors.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,340 SF
Building Class
C
Year Built/Renovated
2003/2024
Price
$2,575,000
Price Per SF
$593.32
Cap Rate
6.99%
NOI
$180,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.57 AC
Zoning
CCG-1 - Commercial Community/General
Parking
15 Spaces (2.3 Spaces per 1,000 SF Leased)
Frontage
66’ on University Blvd W
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 152617-0100 | Improvements Assessment | $299,997 |
| Land Assessment | $436,403 | Total Assessment | $736,400 |
Property Taxes
Parcel Number
152617-0100
Land Assessment
$436,403
Improvements Assessment
$299,997
Total Assessment
$736,400
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