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9760 San Jose Blvd Jacksonville, FL 32257

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For Sale
Contact for pricing

6.37% Cap Rate, Corporate Guaranteed

Property size:
2,619 SF

Property Features for 9760 San Jose Blvd

General Information

Property type
Individual retail properties
Square Feet
2,619 SF
Lot Size
28,750 SF

Building Details

Year Built/Renovated
1978/2020

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Listing Contact
Alex Wolak
Alex Wolak

Listing Agency: One Sotheby’s International Realty Listing Agent: Alex Wolak

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a 2,619 square foot retail property under a corporate-guaranteed absolute NNN lease with Curaleaf Holdings, Inc., a credit-rated tenant. Located at 9760 San Jose Blvd in Jacksonville, Florida, this property boasts a 6.37% cap rate and a substantial 6.1 years remaining on the lease, expiring December 31, 2030. The lease commenced December 1, 2020, and includes 2% annual rent increases, providing excellent inflation protection. The property, built in 1978 and renovated in 2020, sits on a 0.66-acre lot and benefits from two 5-year lease options. The tenant is responsible for all property expenses (CAM, taxes, insurance, and maintenance), eliminating landlord responsibilities. This fee-simple ownership offers a low-management, passive income investment. The prime location on San Jose Boulevard, a major thoroughfare with high daily traffic, ensures excellent visibility and accessibility. Nearby national retailers include Big Lots, Ace Hardware, and more, creating strong tenant synergy. The 5-mile trade area boasts a population exceeding 140,000 residents and 93,000 employees, with an average household income of $76,363. This property represents a secure, high-return investment in a rapidly growing area with minimal landlord responsibilities. The Net Operating Income (NOI) is $127,344. The asking price is $1,999,000, resulting in a price per square foot of $763.27. The property is less than two miles from Interstate 295.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Curaleaf Dispensary Jacksonville ... (Bike/Boat/Book/etc) Store

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Jacksonville
County
Duval
State
Florida
Longitude
-81.6195522
Latitude
30.2004518

FAQs

What type of property is this?
Individual retail property - 6.37% Cap Rate, Corporate Guaranteed
Where is this individual retail property located?
The property is located at 9760 San Jose Blvd Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: $1,999,000 asking price for a 2,619 SF retail property.; Absolute NNN lease with Curaleaf Holdings, Inc., a credit-rated tenant.; 6.1 years remaining on a 10.1-year lease with 2 five-year options; 2% annual rent increases.
(786) 295-1825 Call to check price and availability
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