9100 Atlantic Boulevard Jacksonville, FL 32211

Listing agency Marcus & Millichap - Fort Lauderdale l***@marcusmillichap.com Show Phone

Listed by Lori Schneider · License #NC LC152

Source Crexi

Added: Apr 10 Updated: Jul 21 at 5:32AM Checked: Jul 21 at 5:32AM

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Investment Insights

Based on property information with market context.

The subject property is a 12,739-square-foot CVS retail building on a large 2.07-acre lot, featuring triple drive-thru service. The property is structured as an absolute net lease with more than 7 years remaining, along with three, five-year options that include $.50 per square foot increases during each option period.

A ground lease with Jacksonville Transportation Authority affects a small peripheral portion of the parking area, running through January 1, 2021, with four, five-year options. The ground rent is renewable at the current rate, while the rent from CVS increases during each option period, as described in the offering materials.

CVS is situated in a dense infill retail area at the signalized intersection of Atlantic Boulevard and Southside Boulevard, with access from two points on Atlantic Boulevard and two points on Southside Boulevard. The intersection reports traffic of 74,784 vehicles per day, and the property is surrounded by national retailers and restaurants including Dillard’s, JCPenney, Best Buy, Burlington Coat Factory, and Winn-Dixie.

Key Highlights

• 12,739 SF CVS on a 2.07‑acre lot with triple drive‑thru
• Absolute net lease with over 7 years remaining
• Lease includes three, five‑year options with $0.50 PSF increases each option period

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FAQs

What type of property is this?

Grocery and convenience store - CVS on a 2.07-acre site with triple drive-thru, located at a signalized Atlantic Boulevard and Southside Boulevard intersection.

Where is this grocery and convenience store located?

The property is located at 9100 Atlantic Boulevard Jacksonville, FL.

What are key features of this property?

This property features: 12,739 SF CVS on a 2.07‑acre lot with triple drive‑thru; Absolute net lease with over 7 years remaining; Lease includes three, five‑year options with $0.50 PSF increases each option period