Southside Estates - Jacksonville, FL Retail For Sale
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Address
Asking Price
45,914± SF Retail Box
9355 Atlantic Blvd
Southside Estates, Jacksonville, FL
Lot Size:1.05Acres
45,914± SF former Best Buy available for sale or lease
4.87 acre parcel former Best Buy available for sale or lease
Zoned CCG-1
Multiple access points including signalized entrance
Prominent pylon signage
21' ceiling clear heights
Dual bay loading dock plus two street level roll-up doors
Co-tenants: Vision Today, Guitar Center and Chipotle
Cross access to Aldi and Ashley Homestore Outlet
Traffic counts: 30,500± AADT on Atlantic Blvd. and 51,500± on Southside Blvd.
Call for pricing
$6,500,000
Chipotle Investment Property For Sale
9395 Atlantic Blvd Jacksonville Fl 32225 Usa
Southside Estates, Jacksonville, FL
Lot Size:0.75Acres
9395 Atlantic Blvd, Jacksonville, FL 32225
Asking $2,880,000
Sale Type: Investment
Cap Rate: 5.00%
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Tenant Occupied:
Single Tenant: Chipotle
Lease Type: NNN
Rent per SF: $63.40
SF Occupied: 2,271 SF
Lease Expiration: January 2029
Lease Began: September 2017
Employees: 25
About Chipotle
When Chipotle opened its first restaurant in 1993, the idea was simple: show that food served fast didn’t have to be a “fast-food” experience. Using high-quality raw ingredients, classic cooking techniques, and distinctive interior design, they brought features from the realm of fine dining to the world of quick-service restaurants. Over 23 years later, their devotion to seeking out the very best ingredients they can–raised with respect for animals, farmers, and the environment–remains at the core of their commitment to Food With Integrity. And as they’ve grown, their mission has expanded to ensuring that better food is accessible to everyone.
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Highlights
Corporate Lease – Credit Tenant (Chipotle Mexican Grill NYSE: CMG” )
Ease of Management, Minimal landlord responsibilities, NNN Lease
Approximately 7.5+ years left on initial Lease with Four (5) Yrs. options
5.0% CAP Rate, 10% Increase in Jan. 2024 with in place income
High Traffic Location
Over 219,000 people within 5 miles radius
Description
Land Acres: 0.75 AC
Land SF: 32,670 SF
Zoning: CCG-1
Built: 2017
Parcel: 123030-0600
$2,880,000
9480 Arlington Expressway
9480 Arlington Expy
Southside Estates, Jacksonville, FL
Lot Size:6.67Acres
$1,818,181
9395 ATLANTIC BLVD
9395 Atlantic Blvd
Southside Estates, Jacksonville, FL
Lot Size:0.75Acres
$3,031,579
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Market Stats
Southside Estates has 48 commercial real estate spaces for lease, representing 389,277 sqft space.
12 buildings are available for sale.
In the past 30 days, Southside Estates has had 3 spaces leased.
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