6707 Commonwealth Ave, Jacksonville, FL 32254
Corporately guaranteed absolute NNN lease with scheduled 10% increases every five years.
Property Features for 6707 Commonwealth Ave
General Information
Site & Location
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Investment Insights
Based on property information with market context.
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
Lease Details
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Demographics for 32254, FL
Market
Vacancy Rate% for Retail in Jacksonville, FL