For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

3264 Gerona Dr Jacksonville, FL 32224

Sponsored
For Sale
$2,599,000

High-yield QSR investment opportunity.

Property size:
510 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional investment opportunity presents a 510-square-foot, newly constructed (2023) 7 Brew Coffee shop located at 3264 Gerona Dr E, Jacksonville, FL 32224. The property sits on a 0.51-acre lot and benefits from a 15-year absolute NNN lease (commencing January 1, 2023, and expiring December 31, 2037) with annual rent increases. The tenant, 7Venture Inc., an affiliate of K-Mac Enterprises, is a rapidly expanding QSR operator with a proven track record and plans for significant future growth. This single-tenant property boasts a strong net operating income (NOI) of $165,000, resulting in a compelling 6.35% cap rate. The property enjoys a prime location on a major thoroughfare (U.S. Route 90/Beach Boulevard) with a high average daily traffic count of 46,500. Its strategic placement near hotels (TownPlace Suites by Marriott and Hampton Inn & Suites), the Mayo Clinic Jacksonville, and a Target-anchored center ensures high visibility and substantial foot traffic. The surrounding area boasts a large and affluent population (172,734 residents within five miles, with an average household income of $138,499 within one mile), providing a stable customer base. This is an ideal investment for passive investors seeking a low-management, high-return opportunity with built-in growth potential. The asking price is $2,599,000.

Property Features for 3264 Gerona Dr

General Information

Property type
Individual retail properties
Square Feet
510 SF
Lot Size
22,216 SF

Building Details

Year Built
2023

HighLights

  • High‑visibility location on US Route 90/Beach Boulevard, a major east‑west thoroughfare in Florida, with 46,500 AADT and close proximity to the Atlantic Ocean.
  • Prime location directly across from a 93‑room TownPlace Suites by Marriott and adjacent to a 112‑room Hampton Inn & Suites, ensuring high foot traffic.
  • Excellent proximity to the Mayo Clinic Jacksonville, a top‑ranked hospital and major economic driver for the area.
  • Strong demographics: 172,734 residents within a five‑mile radius.
  • High average household income of $138,499 within one mile.
  • Across the street from a successful Target‑anchored shopping center, providing significant traffic generation.
Property Profile Location Intelligence

Current Use by Public Records

7 Brew Coffee Coffee Shop

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Jacksonville
County
Duval
State
Florida
Longitude
-81.456013
Latitude
30.288306

FAQs

What type of property is this?
Individual retail property - High-yield QSR investment opportunity.
Where is this individual retail property located?
The property is located at 3264 Gerona Dr Jacksonville, FL.
What is the asking price?
The asking price for this property is $2,599,000.
What are key features of this property?
This property features: High-visibility location on US Route 90/Beach Boulevard, a major east-west thoroughfare in Florida, with 46,500 AADT and close proximity to the Atlantic Ocean.; Prime location directly across from a 93-room TownPlace Suites by Marriott and adjacent to a 112-room Hampton Inn & Suites, ensuring high foot traffic.; Excellent proximity to the Mayo Clinic Jacksonville, a top-ranked hospital and major economic driver for the area.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message