sale/leaseback opportunity fifth third bank · story, freestanding building, located at a signaled...

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FIFTH THIRD BANK SALE/LEASEBACK OPPORTUNITY 9716 SAN JOSE BLVD | JACKSONVILLE, FL 32257 Lot Size: ±2.41 Acres Building Size: 16,637 SF Yera Built: 1974 5/3 Leaseback: 1st Floor - 8,187 SF $106,431 per annum or $13/SF NNN, 10 years Price: $3,695,000.00 www.cbre.com/jacksonville CBRE, Inc. | 225 Water Street | Suite 110 | Jacksonville, FL 32202 OFFERING HIGHLIGHTS + Located in one of Jacksonville’s most desirable communities + Street Frontage on San Jose Blvd with ± 50,500 CPD. + Close proximity to I-295 (1.5 miles) compliments the location + Ideally located at the signalized corner of San Jose Blvd and Kori Road ensures convenient ingress/egress for customers and employees + Major retail traffic generators nearby + Pylon signage and/or fascia signage availability INVESTMENT SUMMARY THE OFFERING CBRE, Inc. is pleased to offer the Sale-Leaseback of the Fifth Third Bank Branch located in the Mandarin Submarket of Jacksonville, Florida. Located at the intersection of San Jose Boulevard and Kori Road, in the heart of Mandarin, the property is well positioned in one of Jacksonville’s most desirable submarkets. The subject property is a 16,637 rentable square foot, two story, freestanding building, located at a signaled interchanges. Fifth Third Bank currently occupies the entire first floor. Access to the second floor is via private elevator and stairwell. INVESTMENT OVERVIEW Great opportunity to be an owner occupier with income!

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Page 1: SALE/LEASEBACK OPPORTUNITY FIFTH THIRD BANK · story, freestanding building, located at a signaled interchanges. Fifth Third Bank currently occupies the entire first floor. Access

FIFTH THIRD BANKSALE/LEASEBACK OPPORTUNITY

9716 SAN JOSE BLVD | JACKSONVILLE, FL 32257

Lot Size: ±2.41 Acres

Building Size: 16,637 SF

Yera Built: 1974

5/3 Leaseback:1st Floor - 8,187 SF$106,431 per annum or $13/SF NNN, 10 years

Price: $3,695,000.00

www.cbre.com/jacksonvilleCBRE, Inc. | 225 Water Street | Suite 110 | Jacksonville, FL 32202

OFFERING HIGHLIGHTS + Located in one of Jacksonville’s most desirable communities

+ Street Frontage on San Jose Blvd with ± 50,500 CPD.

+ Close proximity to I-295 (1.5 miles) compliments the location

+ Ideally located at the signalized corner of San Jose Blvd and Kori Road ensures convenient ingress/egress for customers and employees

+ Major retail traffic generators nearby

+ Pylon signage and/or fascia signage availability

INVESTMENT SUMMARYTHE OFFERING

CBRE, Inc. is pleased to offer the Sale-Leaseback of the Fifth Third Bank Branch located in the Mandarin Submarket of Jacksonville, Florida. Located at the intersection of San Jose Boulevard and Kori Road, in the heart of Mandarin, the property is well positioned in one of Jacksonville’s most desirable submarkets.

The subject property is a 16,637 rentable square foot, two story, freestanding building, located at a signaled interchanges. Fifth Third Bank currently occupies the entire first floor. Access to the second floor is via private elevator and stairwell.

INVESTMENT OVERVIEW

Great opportunity to be an owner occupier with income!

Page 2: SALE/LEASEBACK OPPORTUNITY FIFTH THIRD BANK · story, freestanding building, located at a signaled interchanges. Fifth Third Bank currently occupies the entire first floor. Access

FIFTH THIRD BANKSALE/LEASEBACK OPPORTUNITY

9716 SAN JOSE BLVD | JACKSONVILLE, FL 32257

2017 DEMOGRAPHICS

9716 SAN JOSE

BLVD

San Jose Blvd Daily Traffic Count: 50,500

to I-295

Daily T

raffi

c Cou

nt: 2

4,000

137,065Population

57,506Households

$81,585Avg. HH Income

1 Mile 3 Miles 5 Miles

2017 Population 14,192 58,016 137,065

2010-2017 Annual Population Growth Rate 0.48% 0.67% 0.98%

2017 Median Age 40.1 40.7 38.8

2017 Households 6,251 24,520 57,506

2017 Average Household Income $75,460 $77,082 $81,585

2017 Average Value of Owner Occupied Housing Units $231,960 $236,212 $270,833

Page 3: SALE/LEASEBACK OPPORTUNITY FIFTH THIRD BANK · story, freestanding building, located at a signaled interchanges. Fifth Third Bank currently occupies the entire first floor. Access

FLOOR PLANFIRST FLOOR8,187 RSF(occupied by Fifth Third)

SECOND FLOOR8,450 RSF (vacant)

Page 4: SALE/LEASEBACK OPPORTUNITY FIFTH THIRD BANK · story, freestanding building, located at a signaled interchanges. Fifth Third Bank currently occupies the entire first floor. Access

CONTACT US

Bruce Jackson, CCIMFirst Vice President+1 904 630 [email protected]

CBRE, Inc. | Licensed Real Estate Broker

www.cbre.com/jacksonvilleCBRE, Inc. | 225 Water Street | Suite 110 | Jacksonville, FL 32202

© 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk.

Collis McGeachyVice President+1 904 630 [email protected]

OLD ST AUGUSTINE RD

LORETTO RD

PH

ILIPS H

WY

SAN

JO

SE B

LVD

THE AVENUES MALL125,500 AADT

117,500 AADT

55,5

00 A

AD

T

WALMART SUPERCENTER

SUBJECT

San

Jose

Blvd

310 f

t

600 ft

305 f

t

Kevin TorchFirst Vice President+1 513 369 [email protected]

FIFTH THIRD BANKSALE/LEASEBACK OPPORTUNITY

9716 SAN JOSE BLVD | JACKSONVILLE, FL 32257