Chuy’s | GL Jacksonville, FL

4914 Town Center Pkwy
Jacksonville, FL

Price: $6,762,000
Cap Rate: 5.25%
NOI: $355,000
Building Size: Approx. 7,888 Sq. Ft.
Lot Size: Approx. 0.43 Acres
Type: Single-Tenant / Retail
Sub Category: Casual Dining
Year Built: 2017

Investment Overview

  • 2017 Construction 7,888+/- SF Building on 0.43 +/- Acre Site
  • New 15-year Corporate NNN Ground Lease with 12+ years remaining and 10% rent increases every 5-years including options
  • Strategically located in dense retail area near St. Johns Town Center (80 exclusive-to-market retailers)
  • 1.5-miles from University of North Florida (32,000+ enrollment) and near Deerwood Office Park (20,000+ employees)
  • Greater Jacksonville (MSA) Population 1.5 Million + | Most populous city in Florida | 6th fastest growing metro in the USA