• Highly Desirable Cap Rate: Offered at an attractive 7.50% Cap Rate with a strong starting annual rent of $240,000, presenting a high-yield opportunity for passive investors.
• Long-Term Cash Flow Security: Features a brand new 20-year lease term, ensuring decades of predictable, uninterrupted passive income.
• True “Hands-Off” Passive Ownership: An Absolute NNN (Fee Simple) lease structure ensures the landlord has zero responsibilities. The tenant handles all real estate taxes, insurance, maintenance, and structural repairs.
• Strong Built-in Inflation Hedge: The lease features compounding 8% rent increases every 5 years, protecting your yield against inflation and systematically driving the asset’s residual value up.
• Strong Credit Profile: The asset features a dual-layer security blanket with both a Personal Guarantee (PG) and a Corporate Guarantee, significantly mitigating default risk.
• Major Commercial Corridor: 3610 Beach Blvd sits on a major east-west commercial thoroughfare connecting Downtown Jacksonville directly to the highly affluent Jacksonville Beaches market.
• Booming Sunbelt Demographics: Jacksonville is one of the fastest-growing metropolitan areas in the Southeast, boasting a pro-business climate, massive population influx, and strong job growth.