1030 University Blvd N - Restaurant FOR SALE


Jacksonville, FL 32211
$800,000 USD
203-592-4688
1030 University Blvd N, Jacksonville, FL for Sale
$800,000 USD
Restaurant - FOR SALE
1/4
null | Request Cap Rate

1030 University Blvd N
Jacksonville, FL 32211


HIGHLIGHTS

  • Opportunity to Redevelop, Re-tenant, or Occupy a 0.27 Acre Parcel with an Existing 2,991 SF Building
  • Over 30,580 Vehicles Pass the Site Daily on University Boulevard
  • Former Tenant, Subway, Occupied Site for over 30 Years
  • Matthews Bridge Connects University Boulevard to Downtown Jacksonville with over 50,200 Traveling Over the Bridge Daily
  • Dense Community with over 212,800 Residents in a 5-Mile Radius
  • 1.5 Miles from Jacksonville University which has almost 4,000 Students

OVERVIEW

Graystone Capital Advisors has been exclusively engaged to present for sale the fee-simple interest in 1030 University Blvd N, Jacksonville, FL. The former tenant, Subway, occupied the site for 30+ years. There is no lease or tenant in place, making this an excellent redevelopment opportunity for an investor to significantly increase the value of the existing property. Positioned on a 0.27-acre site on University Blvd, the existing building is 2,991 square feet. The Offering is located on University Blvd (30,580 VPD), just before the Matthews Bridge (50,200 VPD) which crosses the St Johns River and leads to the EverBank Stadium, the esteemed home of the Jacksonville Jaguars. It is also across the street from Town and Country Shopping Center and College Park Shopping Center whose notable tenants include Winn-Dixie, Dollar General, Advance Auto Parts, and McDonalds. Additionally, University Blvd is a four-lane highway with 30,600 vehicles passing the site per day. The street is lined with other national retailers, hotels, places of worship, and other local businesses, surrounded by dense retail communities. There are approximately 200,000 residents within a 5-mile radius.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$267 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,709 SF

ZONING

CCG-2

APN/PARCEL ID

129316-0000

ASK ABOUT THIS PROPERTY

Shannon BonaGraystone Capital AdvisorsMore Info
203-592-4688

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Shannon BonaGraystone Capital AdvisorsMore Info
203-592-4688

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.