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8669 Baymeadows Rd
Jacksonville, FL 32256
Former Burger King · Retail Property For Sale
Investment Highlights
- 125,000+ Vehicles Per Day: Located just 0.5 miles from Interstate-95 near Baymeadows Road (125,500 VPD).
- Rare Lease Fundamentals: More than 10 years of remaining lease term with 3% annual rental increases provides consistent income growth.
- Flexible Real Estate: Situated on a 1.64-acre site with drive-thru capability, the property offers a larger land footprint.
Executive Summary
STNL.com is pleased to present this 100% fee simple STNL The Flowery cannabis dispensary in Jacksonville, FL. Three reasons to own this property include:
1. 125,000+ Vehicles Per Day: Located just 0.5 miles from Interstate-95 near Baymeadows Road (125,500 VPD), providing direct access to Jacksonville's major employment centers, retail destinations, and surrounding residential areas while supporting strong regional connectivity.
2. Flexible Real Estate: Situated on a 1.64-acre site with drive-thru capability, the property offers a larger land footprint than most comparable single-tenant retail assets and is surrounded by national retailers within an established Jacksonville retail corridor.
3. Rare Lease Fundamentals: More than 10 years of remaining lease term with 3% annual rental increases provides consistent income growth. The current annual base rent of $146,325 reflects healthy market rent for the area while remaining below the average rent for a Florida dispensary.
1. 125,000+ Vehicles Per Day: Located just 0.5 miles from Interstate-95 near Baymeadows Road (125,500 VPD), providing direct access to Jacksonville's major employment centers, retail destinations, and surrounding residential areas while supporting strong regional connectivity.
2. Flexible Real Estate: Situated on a 1.64-acre site with drive-thru capability, the property offers a larger land footprint than most comparable single-tenant retail assets and is surrounded by national retailers within an established Jacksonville retail corridor.
3. Rare Lease Fundamentals: More than 10 years of remaining lease term with 3% annual rental increases provides consistent income growth. The current annual base rent of $146,325 reflects healthy market rent for the area while remaining below the average rent for a Florida dispensary.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,938 SF
Building Class
B
Year Built/Renovated
1978/2022
Price
$2,090,000
Price Per SF
$530.73
Cap Rate
7%
NOI
$146,325
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.64 AC
Zoning
CCG-1, County - General Commercial Community - 1
Parking
30 Spaces (7.62 Spaces per 1,000 SF Leased)
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 152741-1000 | Improvements Assessment | $291,054 |
| Land Assessment | $955,746 | Total Assessment | $1,246,800 |
Property Taxes
Parcel Number
152741-1000
Land Assessment
$955,746
Improvements Assessment
$291,054
Total Assessment
$1,246,800
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