Orange Park QSR Net Lease Investment

$2,174,000
For sale
14499 Property ID
2,360 SqFt Size

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

  • Address Orange Park, FL
  • Country United States
  • Province/State
  • City/Town
Open on Google Maps

Overview

  • Property ID 14499
  • Price $2,174,000
  • Property Type
  • Property status
  • 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

Contact

Juliette Guirguis

Property Agent

Other Properties
Please enter your Name!
Please enter your Phone!
Please enter your valid Email!
Please enter your Message!