Orange Park QSR Net Lease Investment
Description
This QSR net lease investment in Orange Park, FL features a newly renovated, single-tenant retail asset secured by a long-term absolute NNN lease with strong rent growth and zero landlord responsibilities.
Property Highlights
- Brand-New 15-Year Absolute NNN Lease – Zero landlord responsibilities with a long-term lease structure providing predictable, passive income.
- Strong Rent Growth – Attractive 10% rental increases every five years during the base term and option periods.
- Recently Renovated Building – 2,360 SF drive-thru retail building fully renovated in 2025, reducing near-term capital expenditure risk.
- Proven Restaurant Location – Site previously operated successfully for over 20 years, demonstrating long-term viability for food service use.
- Expansion-Focused Operator – Operated by a growing multi-unit franchise group with a strong commitment to regional and statewide expansion.
- Multiple Personal Guarantees – Additional guarantees reinforce tenant commitment and strengthen income security.
Location Highlights
- High Traffic Exposure – Positioned along a major commercial corridor with over 59,000 vehicles passing daily.
- Retail Core of Orange Park – Located within the area’s primary retail and dining hub, surrounded by established shopping centers and restaurants.
- Strong Daily Population Drivers – Proximity to major medical facilities, schools, and employment centers supports consistent customer flow.
- Dense Residential Base – Immediate adjacency to established neighborhoods and a large multifamily community.
- Growing Population – Over 144,000 residents within a five-mile radius, with continued population growth projected.
- Regional Connectivity – Convenient access to the greater Jacksonville metro area, including downtown and the regional airport.
Address
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Address Orange Park, FL
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Country United States
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Province/State Florida
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City/Town Orange Park
Overview
- Property ID 14499
- Price $2,174,000
- Property Type Retail
- Property status For sale
- Size 2,360 SqFt
- Sub Type QSR/Fast Food
- Investment Type Net Lease
- Class A
- Lease Type Absolute NNN
- Tenancy Single
- Brand/Tenant Taco Bell, Burger King, McDonald's, Wendy's, Hardee's/Carl's Jr, Whataburger, fatburger
- Lease Term 15 years
- Lease Commencement 04/07/2025
- Remaining Term 15 years
- Price per SqFt $921.19
- Cap Rate 5.75%
- Occupancy 100%
- NOI $125,000
- Units 1
- Year Renovated 2025
- Buildings 1
- Stories 1
- Lot Size (acres) 0.63
- Parking (spaces) 25
- Rent Bumps 10% Every 5 Years
- Broker Co-Op Yes
- Lease Options 3x 5 Year
