Drive-Through NNN
7171 Phillips Highway, Jacksonville, FL 32256
For Sale
Contact for pricing
The co-branded restaurant operates under an absolute NNN lease with two five-year renewal options.
Property SizeContact for details
Days on Market55
Property Features for 7171 Phillips Highway
General Information
Standard status
Property subtype
Net Operating Income
Site & Location
Neighborhood
Drive-Thru
Traffic Count
Highway Access
Additional Details
Cap Rate
Tenant in Place
Building Details
Tenancy
Listing Agency:
Marcus & Millichap - Orange County
Listed By:
Kyle Blatt · License CA #02017976
(909) 456-3475
Source:
Crexi
Added: Sep 16
Changed: Nov 8
Last Checked: Nov 8 at 3:36PM
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 Marcus & Millichap - Orange County
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Investment Insights
Based on property information with market context.
This single-tenant property is occupied by a Dunkin’ and Baskin-Robbins co-branded drive-through restaurant. The absolute NNN lease runs through June 30, 2034, and includes two five-year renewal options that could extend the term through June 30, 2044. The reported cap rate is 5.40%.
The site is on Phillips Highway at the Butler Boulevard and I-95 interchange in Jacksonville. Whataburger and Chick-fil-A are immediately alongside the property, with Walmart Supercenter, McDonald’s, and Cracker Barrel among the other national brands in the corridor. Phillips Highway carries 38,616 vehicles per day.
The surrounding five-mile area has a daytime population of 314,411. Major employers in the trade area include Medtronic, Ameri-Force, Vision Care Institute, Memorial Hospital, and St. Luke’s Hospital.
The site is on Phillips Highway at the Butler Boulevard and I-95 interchange in Jacksonville. Whataburger and Chick-fil-A are immediately alongside the property, with Walmart Supercenter, McDonald’s, and Cracker Barrel among the other national brands in the corridor. Phillips Highway carries 38,616 vehicles per day.
The surrounding five-mile area has a daytime population of 314,411. Major employers in the trade area include Medtronic, Ameri-Force, Vision Care Institute, Memorial Hospital, and St. Luke’s Hospital.
Key Highlights
- Single‑tenant Dunkin’ and Baskin‑Robbins drive‑through restaurant
- Absolute NNN lease through June 30, 2034, with two five‑year renewal options
- 5.40% cap rate
Property Analytics
Current Use
Lease Details
38,616 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,200
Businesses Nearby
223k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 81%
Shops & Services 10%
Hotels & Casinos 8%
Chick-fil-A
Dining
34,928 visits/mo
0.1 miles
Cracker Barrel Old Country Store
Dining
26,240 visits/mo
0.4 miles
McDonald's
Dining
20,806 visits/mo
0.1 miles
Whataburger
Dining
18,218 visits/mo
0.0 miles
Starbucks
Dining
15,168 visits/mo
0.1 miles
Demographics for 32256, FL
53,611
Population
27,735
Households
1.9
Avg Household Size
37
Median Age
53%
College-Educated
97%
High-School Grad
61.4 sq mi
ZIP Area
873
Density / Sq Mi
$73,203
Median Household Income
$47,360
Median Earnings
$1,586
Median Rent
$360,200
Median Home Value
Market
Properties on Market for NNN properties in Jacksonville
Vacancy Rate% for Retail in Jacksonville, FL
Frequently Asked Questions
What type of property is this?
NNN property - The co-branded restaurant operates under an absolute NNN lease with two five-year renewal options.
Where is this nnn property located?
The property is located at 7171 Phillips Highway Jacksonville, FL.
What is the asking price?
The asking price for this property is $2,375,000.
What are key features of this property?
This property features: Single‑tenant Dunkin’ and Baskin‑Robbins drive‑through restaurant; Absolute NNN lease through June 30, 2034, with two five‑year renewal options; 5.40% cap rate
