8137 Point Meadows Way | Jacksonville, FL 32256
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8137 Point Meadows Way
Jacksonville, FL 32256
Carrabba's Italian Grill: Jacksonville, FL · Retail Property For Sale
Investment Highlights
- NNN lease features ±9.0 years of primary term remaining, four 5-year renewal options and a corporate guaranty from Bloomin’ Brands, Inc.
- Long operating history with strong store sales. Since 2019, sales have increased 26%.
- Each year, rent increases by the lesser of (i) 1.75% or (ii) 1.7x the CPI increase.
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,288 SF
Building Class
B
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.77 AC
Zoning
CCG-1
Parking
123 Spaces (18.39 Spaces per 1,000 SF Leased)
Frontage
152’ on Point Meadows Way
Property Taxes
| Parcel Number | 167758-0350 | Improvements Assessment | $681,426 |
| Land Assessment | $2,078,074 | Total Assessment | $2,759,500 |
Property Taxes
Parcel Number
167758-0350
Land Assessment
$2,078,074
Improvements Assessment
$681,426
Total Assessment
$2,759,500
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