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Red Lobster Restaurant Property
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32 Blanding Blvd, Orange Park, FL 32073

Restaurant property subject to an absolute NNN lease extending through July 31, 2039.

Property Size8,032 SF
Lot Size2.00 Acres
Days on Market144

Property Features for 32 Blanding Blvd

General Information

Standard status Active
Size 8,032 SF
Lot size 2.00 Acres
Property subtype Retail
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 3:11AM

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 SURMOUNT

Investment Insights

Based on property information with market context.

This conventional restaurant property includes approximately 8,032 rentable square feet within a 2.00-acre site. The asset is identified as Red Lobster and is located at 32 Blanding Boulevard in Orange Park, Florida.

The property is leased under an absolute triple-net structure, with the current term scheduled to run through July 31, 2039. Contractual rent increases are set at 2% annually, with additional increases applying during each option period. The combination of an established restaurant building, substantial land area, and long-term lease structure defines the offering.

Key Highlights

  • Approximately 8,032 rentable square feet of restaurant building space
  • 2.00‑acre parcel at 32 Blanding Boulevard
  • Absolute triple‑net lease structure

Property Analytics

Current Use

Red Lobster Restaurant

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Building Supply Kitchen & Bath Showroom Auto Repair Shop Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,141
Businesses Nearby
174k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Apparel 50% Shops & Services 21% Home Improvements & Furnishings 18% Dining 9%
T.J. Maxx Apparel
45,933 visits/mo 0.3 miles
Burlington Apparel
40,909 visits/mo 0.4 miles
The Home Depot Home Improvements & Furnishings
31,175 visits/mo 0.4 miles
Michaels Shops & Services
24,141 visits/mo 0.4 miles
Dick's Wings & Grill Dining
7,492 visits/mo 0.5 miles

Demographics for 32073, FL

43,527
Population
17,301
Households
2.5
Avg Household Size
41
Median Age
27%
College-Educated
92%
High-School Grad
16.8 sq mi
ZIP Area
2,591
Density / Sq Mi
$76,139
Median Household Income
$40,947
Median Earnings
$1,392
Median Rent
$258,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property subject to an absolute NNN lease extending through July 31, 2039.
Where is this conventional restaurant located?
The property is located at 32 Blanding Blvd Orange Park, FL.
What are key features of this property?
This property features: Approximately 8,032 rentable square feet of restaurant building space; 2.00‑acre parcel at 32 Blanding Boulevard; Absolute triple‑net lease structure
(332) 345-4222 Call to check price and availability
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