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560 Blanding Blvd Orange Park, FL 32073

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For Sale
$15,580,000

Retail property with long-term absolute NNN lease.

Property size:
109,895 SF
Lot size:
10.24 Acres

Property Features for 560 Blanding Blvd

General Information

Size
109,895 SF
Lot size
10.24 Acres

Source: RIPCO Real Estate | Tampa Agent Ari Ravi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

NNN Lease Retail Investment

The property is subject to an absolute NNN lease, transferring all landlord responsibilities, including roof and structure maintenance, to the tenant. The lease has over 8.3 years remaining, with four additional 5-year extension options. The tenant, BJ’s Wholesale Clubs, was established in 1984 and is based in Marlborough, MA. BJ’s operates more than 215 clubs across 16 states and employs over 25,000 team members. The property is positioned at the southwest corner of the signalized intersection of Blanding Boulevard and Suzanne Avenue. Located on Blanding Boulevard, a main retail corridor in Orange Park, the property is near retailers such as Ross, Beall’s, Publix, Old Time Pottery, Lowe’s, and Rooms To Go. Blanding Boulevard has an annual average daily traffic (AADT) count of 62,500. The property has a size of 109895 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

BJ's Tire Center Tire Shop BJ's Optical Optician AT&T Store Cell Phone Store BJ's Wholesale Club Warehouse Club BJ's Gas Station Gas Station

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Orange Park
County
Clay
State
Florida
Longitude
-81.7502477
Latitude
30.1539637

FAQs

What type of property is this?
Storefront property - Retail property with long-term absolute NNN lease.
Where is this storefront property located?
The property is located at 560 Blanding Blvd Orange Park, FL.
What is the asking price?
The asking price for this property is $15,580,000.
What are key features of this property?
This property features: - Absolute NNN lease: enjoy zero landlord responsibilities, tenant handles all expenses.; - Over 8.3 years of remaining lease term with four additional 5-year extension options.; - Located on a signalized corner of Blanding Boulevard, a primary retail corridor with high traffic (62,500 AADT).
More about this property
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