This Retail Property is no longer advertised on LoopNet.com.

8720 Baymeadows Rd
Jacksonville, FL 32256
Retail Property For Sale

Investment Highlights

  • -Absolute NNN Red Lobster Located on a Highly Trafficked Section of Baymeadows Road (29,500 Vehicles Per Day (VPD))
  • -?Area Projected to Experience Robust Population Growth Expected at Over 6 Percent Within a 5-Mile Radius Between 2020 and 2025
  • -?Lease Features Over 17 Years Remaining on the Base Term with Attractive 2% Rent Increases Annually to Hedge Against Inflation
  • -?Lease Corporately Guaranteed by Red Lobster Hospitality, LLC, the Largest Seafood Restaurant Concept in the World with Over 700 Locations

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
7,758 SF
Building Class
C
Year Built
1983
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.87 AC
Zoning
CCG-1
Parking
90 Spaces (9.56 Spaces per 1,000 SF Leased)
Frontage
185’ on Baymeadows Rd

Amenities

  • Pylon Sign

Property Taxes

Property Taxes

Parcel Number
152690-0120
Land Assessment
$1,728,632
Improvements Assessment
$685,968
Total Assessment
$2,414,600
  • Listing ID: 24047211

  • Date on Market: 9/7/2021

  • Last Updated:

  • Address: 8720 Baymeadows Rd, Jacksonville, FL 32256

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