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3813 University Blvd W
Jacksonville, FL 32217
Boston Market · Retail Property For Sale
Investment Highlights
- Brand New 20-Year Absolute Triple Net (NNN) Lease; Tenant Responsible for All Property Mgmt & Operating Expenses
- Starting Base Rent of $41.07 PSF; Lease includes 10% Increases Every 5-Years and throughout Each Option
- Brand New Boston Market Prototype (Est. Opening Date: April 2022); Retrofit of Former 2,737 SF QSR; Desirable Drive-Thru Component
- Direct Sale-Leaseback with Boston Market Corporation; Lease Commences at Close of Escrow
- Long Term Lease with Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
- Located off University Blvd W (±49,500 VPD), one of Jacksonville’s denser retail arteries; New Chick-fil-A & Chipotle Built Across Street in 2021
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,648 SF
Building Class
C
Year Built/Renovated
1976/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.62 AC
Zoning
CCG-1, County - ne
Parking
52 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
113’ on University Blvd W
Amenities
- Dedicated Turn Lane
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 152727-0010 | Improvements Assessment | $50,047 |
| Land Assessment | $585,953 | Total Assessment | $636,000 |
Property Taxes
Parcel Number
152727-0010
Land Assessment
$585,953
Improvements Assessment
$50,047
Total Assessment
$636,000
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