4475 San Juan Ave Jacksonville, FL 32210

This exceptional investment opportunity presents a fee-simple owned, 15,143 square foot CVS storefront located at 4475 San Juan Avenue, Jacksonville, FL 32210. The property boasts a strong 5.25% cap rate and a substantial net operating income (NOI) of $624,684. Built in 2011, this single-tenant property features an absolute NNN lease with a corporate guarantee from CVS Caremark Corporation, an investment-grade tenant (S&P: BBB). The lease has over 15 years remaining, including ten 5-year options to extend, ensuring long-term, stable income. The property sits on a 1.42-acre lot with 67 parking spaces and benefits from excellent visibility at a signalized intersection averaging 64,100 vehicles daily. The convenient drive-thru pharmacy enhances customer accessibility. The property's strategic location across from a Publix-anchored shopping center and near numerous other national retailers creates strong tenant synergy and a robust consumer base. The surrounding area boasts impressive demographics, including over 170,600 residents and 132,600 daytime employees within a 5-mile radius, with an average household income of $69,225. This is a management-free investment ideal for passive investors seeking a secure, high-yield return. The property is zoned commercial and has a Duval County APN of 093637-0010. The asking price is $11,899,000, representing a price per square foot of $785.78. This is a truly exceptional opportunity to acquire a premier retail property with a highly reputable tenant and significant long-term growth potential.