Suntrust Bank Jacksonville, FL

11567 San Jose Blvd
Jacksonville, FL

Price: $2,771,000
Cap Rate: 5.70%
NOI: $157,967
Building Size: Approx. 4,338 Sq. Ft.
Lot Size: Approx. 1.44 Acres
Type: Single-Tenant / Retail
Sub Category: Bank / Financial
Year Built: 1979

Investment Overview

  • 4,338+/- SF Building on 1.44 +/- Acre Site
  • Absolute NNN long term Corporate Lease with approximately 8.5 years remaining and 1.5% annual increases
  • Strategically located along San Jose Blvd. (57,500 VPD), just south of West Beltway 295 (140,000 VPD)
  • Excellent demographics | $99,000 AHHI and 114k population within a 5-mile radius
  • Greater Jacksonville (MSA) Population 1.5 Million + | Most populous city in Florida | 6th fastest growing metro in the USA