NNN Leased Pickleball Club
2525 Country Club Boulevard, Orange Park, FL 32073
Call to check price and availability
NNN ground lease with long term security and rent growth.
Type:Retail
Property size:
39,200 SFPrice / SF:
$49/SF- Added:
- Mar 11, 2026
- Days on Market:
- 63
- Last Refresh:
- Mar 19 at 10:47 pm
Property Features for 2525 Country Club Boulevard
General Information
- Standard status
- Active
- Size
- 39,200 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2025
Listing agent Patrick Berman License #FL SL648004
Listing office Cushman & Wakefield - Tampa, Florida (813) 223-6300
Listing date Mar 11, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - Tampa, Florida
HighLights
- Absolute NNN Ground Lease: Tenant handles all operating expenses.
- Long‑Term Lease Security: Approximately 19+ years remaining on initial lease expiring April 30, 2045.
- Strong Rent Growth: Scheduled base rent increases in 2028, 2030, 2035, and 2040.
- Attractive Investment Pricing: Purchase Price of $1,950,000 with a current Cap Rate of 8.00% and a potential 9.85% Cap Rate in 2028.
- Extension Option: One 10‑year renewal option extending the lease through April 30, 2055, with rental increases.
- New Construction: Built in 2025.
Overview
This offering presents the opportunity to acquire a net-leased investment in The HUB Pickleball Club, located in Orange Park (Jacksonville MSA), Florida. The property is secured by a NNN ground lease guaranteed by HUB JAX, LLC, with an initial 20-year lease term scheduled to expire April 30, 2045. The current annual base rent is $156,000 (NNN) with scheduled rental increases throughout the lease term. Rent is scheduled to increase to $192,000 on May 1, 2028, $201,600 on January 1, 2030, $211,680 on January 1, 2035, and $222,264 on January 1, 2040. The tenant holds one 10-year renewal option, extending the lease through April 30, 2055. During the renewal period, base rent increases to $233,377 beginning May 1, 2045, with an additional increase to $245,046 on May 1, 2050. The tenant is responsible for all operating expenses including real estate taxes, insurance, utilities, repairs, and maintenance. Approximately 19+ years remain on the initial lease term. There is a 23% base rent increase in May 2028, followed by 5% escalations in 2030, 2035, and 2040. The property has one 10-year renewal option with 5% rental increases every five years during the extension term. The property size is 39200 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Skating rinks
Location Insight
- Map
- Local Demand
- City
- Orange Park
- County
- Clay
- State
- Florida
- Longitude
- -81.7657776
- Latitude
- 30.1690983
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FAQs
What type of property is this?
NNN property - NNN ground lease with long term security and rent growth.
Where is this nnn property located?
The property is located at 2525 Country Club Boulevard Orange Park, FL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Absolute NNN Ground Lease: Tenant handles all operating expenses.; Long‑Term Lease Security: Approximately 19+ years remaining on initial lease expiring April 30, 2045.; Strong Rent Growth: Scheduled base rent increases in 2028, 2030, 2035, and 2040.
