Freestanding Restaurant Redevelopment
For Sale
Contact for pricing
4306 University Blvd S, Jacksonville, FL 32207
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 Market128
Property Features for 4306 University Blvd S
General Information
Standard status
Active
Size
3,126 SF
Total Parking Spaces
39
Lot size
0.90 Acres
Property subtype
RETAIL
Zoning
CCG-1
Site & Location
Traffic Count
27,500 vehicles/day
Highway Access
Yes
Listing Agency:
Colliers | Jacksonville
(904) 358-1206
Listed By:
Gary Montour
(904) 608-0410
Source:
Moodyscre
Added: Jun 15
Changed: Oct 4
Last Checked: Oct 19 at 9:01AM
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
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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.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,590
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$931,800
$931.8K
Cap Rate 7%
$665,571
$665.6K
Cap Rate 9%
$517,667
$517.7K
Market Conditions
NOI Build-Up for 3,126 SF
Gross rent
$67.5K $21.60/SF
− Vacancy
−$5.4K −$1.73/SF
EGI
$62.1K $19.87/SF
− OpEx
−$15.5K −$4.97/SF
NOI
$46.6K $14.90/SF
Area
Jacksonville, FL
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$931,800
Cap Rate 7%
$665,571
Cap Rate 9%
$517,667
Alternative Uses
Best Use
Specialty Retail
$665.6K
$582.4K – $776.5K
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
NOI $59,944 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
27,500 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,036
Businesses Nearby
105k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 32%
Groceries 25%
Shops & Services 23%
Home Improvements & Furnishings 10%
Harveys Supermarket
Groceries
17,591 visits/mo
0.2 miles
Zaxby's Chicken Fingers & Buffalo Wings
Dining
12,260 visits/mo
0.1 miles
Proctor Ace Hardware
Home Improvements & Furnishings
10,263 visits/mo
0.4 miles
Save-A-Lot
Groceries
8,603 visits/mo
0.1 miles
Krystal
Dining
8,103 visits/mo
0.5 miles
Demographics for 32207, FL
36,207
Population
18,866
Households
1.9
Avg Household Size
39
Median Age
38%
College-Educated
86%
High-School Grad
11.4 sq mi
ZIP Area
3,176
Density / Sq Mi
$60,875
Median Household Income
$45,478
Median Earnings
$1,139
Median Rent
$254,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Jacksonville, FL
Frequently Asked Questions
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
