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:
Leasable Area:
Lot Size:
Tenant:
Guarantor:
Term:
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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
