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    7507 Atlantic Blvd Jacksonville, FL 32233

    For Sale
    $2,524,270

    New 20-year Popeyes lease in a high-traffic location.

    Property size:
    1,394 SF
    Lot size:
    0.42 Acres

    Property Features for 7507 Atlantic Blvd

    General Information

    Size
    1,394 SF
    Lot size
    0.42 Acres

    Source: Trinity Real Estate Investment Services - Corporate Agent Drew Duncan

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

    Overview

    New Popeyes Restaurant For Sale

    This property features a brand new 20-year Popeyes lease with a projected rent commencement of May 2024. The absolute NNN lease requires zero landlord responsibilities. The tenant has a 40+ year operating history, demonstrating commitment to the location. The surrounding area is a dense urban demographic with over 225,000 residents within a 5-mile radius. The immediate area has experienced nearly 25% population growth in the past 10 years. Situated on a signalized corner parcel across from a grocery store, the property benefits from great visibility and a combined traffic count of 62,000 vehicles per day passing by. The lease is guaranteed by Sailormen Inc, one of the largest Popeyes operators in the system. The property size is 1394 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Popeyes Louisiana Kitchen Chicken Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.5796973
    Latitude
    30.3137628

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    FAQs

    What type of property is this?
    Drive through restaurant - New 20-year Popeyes lease in a high-traffic location.
    Where is this drive through restaurant located?
    The property is located at 7507 Atlantic Blvd Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $2,524,270.
    What are key features of this property?
    This property features: - Brand new 20-year absolute NNN Popeyes lease requiring zero landlord responsibilities; - Guaranteed by Sailormen Inc, one of the largest Popeyes operators; - High traffic location: signalized corner across from grocery store with 62,000 VPD
    (262) 309-4900
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    Jacksonville, FL 32233
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7507 Atlantic Blvd Jacksonville, FL 32233
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