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Freestanding Restaurant Redevelopment Site

4306 University Blvd S Jacksonville, FL 32207

4306 University Blvd S, Jacksonville, FL, 32207
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For Sale
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Freestanding building on 0.9 acres with 154.6 feet of frontage, 39 parking spaces, and potential drive-thru conversion.

Property Size3,126 SF
Lot Size0.90 Acres
Price / SF$311.90
Days on Market37

Property Features for 4306 University Blvd S

General Information

Standard status
Active
Size
3,126 SF
Lot size
0.90 Acres
Property subtype
RETAIL
Listing agency Colliers | Jacksonville
Listed by Gary Montour
Source Moodyscre
Added: Jun 15 Updated: Jul 21 at 2:08PM Checked: Jul 21 at 2:08PM

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 Colliers | Jacksonville


Investment Insights

Based on property information with market context.

A 3,126± SF freestanding building sits on 0.9± acres with 154.6± front feet on University Boulevard. The site provides 39 parking spaces and presents a potential drive-thru configuration around the existing building. Direct left turn access supports convenient ingress and egress, and the property is positioned for fast-food redevelopment. Zoning is CCG-1.

The property is located on University Boulevard with an estimated 27,500± AADT. It is about 1 mile from I-95 and approximately 0.7 miles (about four minutes) to HCA Florida Memorial Hospital. The immediate area includes retailers and quick-service brands such as Dairy Queen, Checkers, Zaxby’s, Chipotle, McDonald’s, Arby’s, Burger King, Dunkin’, Captain D’s, RaceTrac, Wawa, and Taco Bell. Nearby anchor tenants include Freshfields Farm, Harvey’s Supermarket, Gordon Food Service Store/Restaurant Market, Sav-A-Lot, Proctor Ace Hardware, and HCA Florida Memorial Hospital. See brochure for water and sewer information.

Key Highlights

  • 3,126± SF freestanding building on 0.9± acres with 154.6± ft of frontage on University Boulevard
  • 39 parking spaces plus potential drive‑thru around the existing building
  • Direct left turn access for easy ingress/egress

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $67.5k $21.60
− Vacancy −$5.4k −$1.73
EGI $62.1k $19.87
− OpEx −$15.5k −$4.97
NOI $46.6k $14.90
3,126 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$665.6K
$582.4K – $776.5K (±1% cap)
NOI $46,590 @ 7.0% cap · market cap 4.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$856.3K
$749.3K – $999.1K (±1% cap)
NOI $59,944 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Drive through restaurants

Suggested Use

Real Estate Agency Law Firm Bakery Electrical Service Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Building Supply Hotel & Motel

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

FAQs

What type of property is this?
Drive through restaurant - Freestanding building on 0.9 acres with 154.6 feet of frontage, 39 parking spaces, and potential drive-thru conversion.
Where is this drive through restaurant located?
The property is located at 4306 University Blvd S Jacksonville, FL.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 3,126± SF freestanding building on 0.9± acres with 154.6± ft of frontage on University Boulevard; 39 parking spaces plus potential drive‑thru around the existing building; Direct left turn access for easy ingress/egress
Contact an agent
(904) 608-0410 Call to check price and availability
More about this property
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