Investment Opportunity - Burger King Jacksonville, FL

  • Long-term stability with 16+ years remaining on an Absolute NNN lease—zero landlord responsibilities and truly passive income.

  • Built-in income growth with 1.75% annual rent increases during the primary term and options, enhancing long-term yield and NOI.

  • Prime retail positioning adjacent to a Walmart Supercenter and directly across from Home Depot—best-in-class national anchors driving consistent traffic.

  • Exceptional visibility and access along Lem Turner Rd (15,000+ VPD) with immediate connectivity to Interstate-295, boosting long-term tenant success.

  • Strong and expanding demographics, with 89,000+ residents within 5 miles and proximity to downtown Jacksonville’s 1M+ population—Florida’s largest city.

  • Corporate guarantee from Royal Restaurant Group, a fast-growing franchise operator with 68 locations, providing superior credit strength and tenant stability.

Location

11872 Lem Turner Rd, Jacksonville, FL 32218

 

More Details - Portfolio

NOI:
Cap Rate:
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Tenant:
Guarantor:
Term:
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Rent Increases:
Lease Type:

$94,730 ($36.70/sf)
6.0%
2,581 sf
0.67 Acres
Burger King
Royal Restaurant Group
2/1/2016 - 2/28/2042
Four (4), 5-Year; 1.75% Annually
1.75% Annually
Absolute NNN

Price
$1,578,840 ($611.72/sf)

Floor Plans
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