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Tropical Smoothie Cafe 5895 Roosevelt Blvd 1,163 SF Retail Building Jacksonville, FL 32244 $1,966,000 ($1,690.46/SF) 5.85% Cap Rate
Investment Highlights
- Long-Term Triple Net Lease
- National Credit QSR Tenant
- Built-In Rental Growth
- Strong Franchisee Guarantee
Executive Summary
Surmount is pleased to present the exclusive listing for a Tropical Smoothie Cafe located at 5895 Roosevelt Boulevard, Jacksonville, FL 32244. The site consists of roughly 1,163 rentable square feet of building space on an estimated .49-acre parcel of land. Tropical Smoothie Cafe is subject to a 15-year Triple Net (NNN) lease, which commenced 8/22/2022. The current annual rent is $115,000 and has scheduled increases of 10.00% Every 5 Years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,163 SF
Building Class
C
Year Built
2007
Price
$1,966,000
Price Per SF
$1,690.46
Cap Rate
5.85%
NOI
$115,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.49 AC
Zoning
CCG-2
Frontage
84’ on Roosevelt Blvd
Amenities
- Pylon Sign
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 100455-0110 | Improvements Assessment | $236,203 |
| Land Assessment | $1,019,797 | Total Assessment | $1,256,000 |
Property Taxes
Parcel Number
100455-0110
Land Assessment
$1,019,797
Improvements Assessment
$236,203
Total Assessment
$1,256,000
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Tropical Smoothie Cafe | 5895 Roosevelt Blvd
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