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Walgreens NNN Property
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4297 Oldfield Crossing Dr, Jacksonville, FL 32223

Walgreens occupies the building under an absolute NNN lease with scheduled 5% increases every 5 years.

Property Size13,841 SF
Days on Market143

Property Features for 4297 Oldfield Crossing Dr

General Information

Standard status Active
Size 13,841 SF
Property subtype Retail

Additional Details

Traffic Count 42,139 vehicles/day

Building Details

Tenancy Single
Listing Agency: The Kase Group
Listed By: Jeff Bracco · License #CA 01336201
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 11:02PM

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 The Kase Group

Investment Insights

Based on property information with market context.

This NNN property comprises a 13,841-square-foot building occupied by Walgreens under an absolute NNN lease. The current lease provides a 15-year term and includes 5% rent increases at five-year intervals.

Located at 4297 Oldfield Crossing Dr in Jacksonville, Florida, the property fronts the intersection of St Augustine Road and Oldfield Crossing Drive South, where traffic volume is nearly 42,139 VPD. The surrounding retail environment includes Lowe’s, KFC, Subway, Publix, Hobby Lobby, and Burlington.

Key Highlights

  • 13,841‑square‑foot building leased to Walgreens
  • Absolute NNN lease structure
  • New 15‑year lease term

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Cardtronics ATM Atm Pamela J. Linder, ... Physician Redbox Cinema FedEx OnSite Postal Service

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Auto Repair Shop Dental Office

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

42,139 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

443
Businesses Nearby
247k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 28% Dining 28% Apparel 20% Home Improvements & Furnishings 16%
Hobby Lobby Shops & Services
40,787 visits/mo 0.4 miles
Lowe's Home Improvements & Furnishings
40,581 visits/mo 0.2 miles
Burlington Apparel
38,994 visits/mo 0.5 miles
McDonald's Dining
30,482 visits/mo 0.5 miles
Winn-Dixie Groceries
16,969 visits/mo 0.4 miles

Demographics for 32223, FL

25,600
Population
10,639
Households
2.4
Avg Household Size
47
Median Age
40%
College-Educated
95%
High-School Grad
11.5 sq mi
ZIP Area
2,226
Density / Sq Mi
$91,599
Median Household Income
$50,736
Median Earnings
$1,500
Median Rent
$377,500
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Walgreens occupies the building under an absolute NNN lease with scheduled 5% increases every 5 years.
Where is this nnn property located?
The property is located at 4297 Oldfield Crossing Dr Jacksonville, FL.
What are key features of this property?
This property features: 13,841‑square‑foot building leased to Walgreens; Absolute NNN lease structure; New 15‑year lease term
(510) 388-4438 Call to check price and availability
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