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New Hwy 55 Drive-Through Restaurant
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6707 Commonwealth Ave, Jacksonville, FL 32254

Corporately guaranteed absolute NNN lease with scheduled 10% increases every five years.

Property SizeContact for details
Days on Market145

Property Features for 6707 Commonwealth Ave

General Information

Standard status Active
Property subtype Retail

Site & Location

Drive-Thru Yes
Highway Access Yes
Road Access Yes
Listing Agency: Wertz Real Estate Investment
Listed By: John Wertz · License #CA 01448585
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 10:16PM

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 Wertz Real Estate Investment

Investment Insights

Based on property information with market context.

Newly constructed Hwy 55 Burgers, Shakes & Fries drive-through restaurant in Jacksonville, Florida, offered with a 20-year absolute NNN lease. The lease is corporately guaranteed by Hwy 55 and provides 10% rental increases every five years during the primary term and each of four five-year option periods.

The property is positioned within a retail and industrial trade area beside a Zaxby’s drive-through, with shared access. Access and exposure are provided along Interstate-295, Commonwealth Ave, and Lane Ave N, which together carry more than 120,000 vehicles per day. Interstate-295 serves as a major Jacksonville thoroughfare.

The surrounding five-mile area includes more than 144,000 residents, with 5.0% projected population growth over the next five years. Nearby national retailers include Zaxby’s, Burger King, Waffle House, Wendy’s, Hardee’s, and Circle K.

Key Highlights

  • Newly constructed Hwy 55 Burgers, Shakes & Fries drive‑through restaurant
  • 20‑year absolute NNN lease corporately guaranteed by Hwy 55
  • 10% rental increases every five years in the primary term and four five‑year option periods

Property Analytics

Current Use

Zaxby's Chicken Fingers ... Take-out & Catering

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pharmacy Dental Office Garden Center Cafe & Coffee Shop Computer & Electronic Repair

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

353
Businesses Nearby
106k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 75% Shops & Services 19% Hotels & Casinos 5% Home Improvements & Furnishings 1%
Zaxby's Chicken Fingers & Buffalo Wings Dining
24,450 visits/mo 0.1 miles
Dunkin' Donuts Dining
17,860 visits/mo 0.1 miles
Circle K Shops & Services
12,523 visits/mo 0.3 miles
Wendy's Dining
10,658 visits/mo 0.4 miles
Burger King Dining
9,642 visits/mo 0.1 miles

Demographics for 32254, FL

14,545
Population
6,331
Households
2.3
Avg Household Size
37
Median Age
10%
College-Educated
73%
High-School Grad
12.4 sq mi
ZIP Area
1,173
Density / Sq Mi
$36,449
Median Household Income
$29,443
Median Earnings
$1,111
Median Rent
$85,100
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
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Corporately guaranteed absolute NNN lease with scheduled 10% increases every five years.
Where is this drive through restaurant located?
The property is located at 6707 Commonwealth Ave Jacksonville, FL.
What are key features of this property?
This property features: Newly constructed Hwy 55 Burgers, Shakes & Fries drive‑through restaurant; 20‑year absolute NNN lease corporately guaranteed by Hwy 55; 10% rental increases every five years in the primary term and four five‑year option periods
(619) 218-6427 Call to check price and availability
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