7431 Atlantic Blvd Jacksonville, FL 32211

This single-tenant, freestanding CVS property is located in Jacksonville, Florida. The property operates under an absolute NNN lease structure, assigning zero landlord responsibilities. Situated in an income tax-free state, the site benefits from its location within the Jacksonville, FL MSA, ranked #38 in the U.S.A. The surrounding area has a dense population, with over 6,300 residents within a 1-mile radius and over 36,400 residents within a 3-mile radius. CVS holds a credit rating of "BBB" with S&P and a credit rating of "Baa1" with Moody's. As an essential retailer, the tenancy is both pandemic and recession resistant. The property offers great visibility from Atlantic Blvd, where over 50,000 vehicles pass daily. A projected population growth of +4.63% is expected within the next 5 years within a 1-mile radius. The location benefits from 42,100+ daytime employees within a 3-mile radius. The property is located in a dense retail corridor surrounded by several national tenants. The property size is 11,010 square feet.