3264 Gerona Dr Jacksonville, FL 32224
High-yield QSR investment opportunity.
Property size:
510 SFProperty 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
Listing Agency: Cushman & Wakefield - Sacramento, California Listing Agent: Scott Crowle
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
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 Profile
Insight Report
Location Intelligence
Current Use by Public Records
7 Brew Coffee
Cafe & Coffee Shop
Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.456013
- Latitude
- 30.288306
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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.
