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NNN Bank Property
New
For Sale
$3,016,000

344 Monument Rd, Jacksonville, FL 32225

An absolute NNN lease places no operating or maintenance duties on the landlord.

Property Size3,450 SF
Lot Size1.06 Acres
Price / SF$874.20
Days on Market4

Property Features for 344 Monument Rd

General Information

Standard status Active
Size 3,450 SF
Total Parking Spaces 37
Lot size 1.06 Acres
Property subtype Retail
Zoning CCG-1
Net Operating Income $128,183

Site & Location

Corner Location Yes
Drive-Thru Yes
Anchor Co-Tenants Target, Home Depot
Traffic Count 24,500 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Gross Income $128,183

Building Details

Building Size 3,450 SF
Year Built 1987
Buildings 1
Tenancy Single
Listing Agency: Faris Lee Investments
Listed By: Hunter Steffien · License #CalDRE #02036521
Source: Farislee
Added: Oct 2 Changed: Oct 3 Last Checked: Oct 4 at 7:58AM

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 Faris Lee Investments

Investment Insights

Based on property information with market context.

The property includes a 3,450-square-foot building on a 1.06-acre parcel, with existing drive-through improvements and 37 parking spaces. Truist Bank occupies the site under an absolute NNN lease. The current term and first two renewal periods include annual increases of 1.5%, with fair-market-value rent resets beginning in 2038. The tenant carries an A rating from S&P with a stable outlook.

Access is available from Monument Road and Regency Square Boulevard. The site is a signalized hard-corner outparcel to a shopping center anchored by Target and Home Depot, with Monument Road traffic of 24,500 VPD. Arlington Expressway and Atlantic Boulevard are nearby, with reported traffic counts of 49,500 VPD and 52,000 VPD, respectively. CCG-1 zoning allows for future reuse or redevelopment subject to applicable approvals and restrictions. The nearby Nexus at Regency redevelopment is planned across 89.7 acres, with proposed multifamily, medical, entertainment, hotel, office, and retail uses.

Key Highlights

  • Truist Bank tenant with an A rating from S&P and stable outlook
  • Absolute NNN lease; landlord has no operating or maintenance responsibilities
  • 3,450‑square‑foot building on a 1.06‑acre parcel

Property Analytics

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Current Use

Truist - ATM Atm Truist Bank Reinhardt & Still Publishers Publishing House

Suggested Use

Top Pick Real Estate Agency Electrical Service Parking Lot & Garage HVAC Service Kitchen & Bath Showroom Cafe & Coffee Shop

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

Lease Details

24,500 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,103
Businesses Nearby
473k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 35% Superstores 20% Home Improvements & Furnishings 18% Shops & Services 13%
Target Superstores
93,433 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
55,406 visits/mo 0.1 miles
AMC Regency 24 Leisure
43,568 visits/mo 0.4 miles
McDonald's Dining
31,580 visits/mo 0.5 miles
Lowe's Home Improvements & Furnishings
29,168 visits/mo 0.3 miles

Demographics for 32225, FL

57,441
Population
23,289
Households
2.5
Avg Household Size
39
Median Age
42%
College-Educated
96%
High-School Grad
26.3 sq mi
ZIP Area
2,184
Density / Sq Mi
$87,715
Median Household Income
$46,778
Median Earnings
$1,673
Median Rent
$324,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Jacksonville, FL

6.3% 2019
7.5% 2020
5.6% 2021
5.5% 2022
5.8% 2023
5.8% 2024
6.6% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - An absolute NNN lease places no operating or maintenance duties on the landlord.
Where is this nnn property located?
The property is located at 344 Monument Rd Jacksonville, FL.
What is the asking price?
The asking price for this property is $3,016,000.
What are key features of this property?
This property features: Truist Bank tenant with an A rating from S&P and stable outlook; Absolute NNN lease; landlord has no operating or maintenance responsibilities; 3,450‑square‑foot building on a 1.06‑acre parcel
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