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9773 San Jose Blvd 6,027 SF Retail Building Jacksonville, FL 32257 $5,202,000 ($863.12/SF) 5.90% Cap Rate
Investment Highlights
- Absolute Net Lease With Annual Rent Escalations: Over five years remaining with 1% annual rent increases throughout the term.
- Excellent Access & Visibility: The property is ideally located with excellent frontage and visibility on San Jose Boulevard (45,500 VPD).
- Outparcel Location: Outback Steakhouse is an outparcel to the 51,063 square foot Mandarin Outback Plaza.
- Dynamic Demographics: The property benefits from dynamic demographics with a 3-mile population of 63,209 and average household income of $116,545.
Executive Summary
Property Facts
Amenities
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- 6,027 SF
- -
- Aug 2031
Outback Steakhouse is an Australian-themed American casual dining restaurant chain founded in 1988 in Tampa, Florida. The brand was established by restaurateurs Bob Basham, Trudy Cooper, Chris T. Sullivan, and Tim Gannon, who sought to create a relaxed restaurant environment with steakhouse offerings and bold flavors. Over time, Outback Steakhouse expanded nationwide and internationally, supported by a menu centered on seasoned steaks, chicken, seafood, and its signature Bloomin’ Onion. The company operates as part of Bloomin’ Brands, a publicly traded restaurant group based in Tampa. Throughout its history, Outback Steakhouse has undergone periods of remodeling and strategic adjustments, including recent operational changes to improve performance and streamline its dining model. The company navigated multiple expansions, closures, and brand updates while maintaining its identity as a casual dining destination. Outback Steakhouse remains a recognized name in the restaurant industry, known for its consistent menu themes and broad domestic presence. The brand continues to operate under Bloomin’ Brands, which trades on NASDAQ under the ticker symbol BLMN.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | 6,027 SF | - | Aug 2031 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 148970-0010 | Improvements Assessment | $1,153,229 |
| Land Assessment | $1,376,071 | Total Assessment | $2,529,300 |
Property Taxes
