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7940 103rd St
Jacksonville, FL 32210
Florida IHOP | Strong Tenant/Guarantee | NNN · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Building Size
4,462 SF
Building Class
B
Year Built/Renovated
1987/2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.51 AC
Zoning
CCG-1
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
203’ on 103rd St
Amenities
- Pylon Sign
- Restaurant
- Signage
- Tenant Controlled HVAC
About 7940 103RD ST , JACKSONVILLE, FL 32210
Sterling Commercial is pleased to exclusively offer this IHOP, a truly exceptional opportunity to purchase a strong, single-tenant triple-net (NNN) investment in the heart of Jacksonville, Florida on a major 4-lane east-west arterial. The tenant has operated successfully on this site since 1987. As a testament to the tenant’s dedication to this property, they signed a brand new 20-year lease in 2008. This IHOP is operated and guaranteed by the IHOP’s largest franchisee/licensee in the United States with over 150 IHOP locations. The tenant’s has substantial experience in restaurant operations with over 925 total restaurant locations: IHOP (250+), Applebee’s (115+), Krystal Burger (350+), On the Border (150+), and Stevi B’s Pizza (40+).
Property Taxes
| Parcel Number | 014511-0000 | Improvements Assessment | $598,328 |
| Land Assessment | $834,672 | Total Assessment | $1,433,000 |
Property Taxes
Parcel Number
014511-0000
Land Assessment
$834,672
Improvements Assessment
$598,328
Total Assessment
$1,433,000
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