JACKSONVILLE, FL., – March 8, 2023 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announces the sale of 5801 Beach Boulevard, Jacksonville, FL (the “Property”). NAI Hallmark Senior Vice President Daniel Burkhardt and Managing Partner Keith Goldfaden represented the seller, C & C Jax Investors, LLC. The buyer, a private investor, purchased the Property for $3,649,000 (or a 4.00% cap rate).
“This is a newly constructed Chipotle with a 15-year absolute NNN lease opening soon.” said Daniel Burkhardt, Senior Vice President at NAI Hallmark. “We continue to see robust investor demand for high quality, well located NNN properties in northeast Florida”.
The 2,425 SF Chipotle’s prototype with a drive-thru is located along Beach Boulevard (VPD: 32,750), one of Jacksonville’s major east/west corridors and one of the most trafficked roads in Jacksonville. Situated on a 0.91 acre outparcel, this Chipotle features a “Chipotlane”, an exclusive and modernized drivethru experience that delivers the most efficient experience possible to Chipotle Customers. The Property also has four (4) EVgo electric vehicle charging stations, an amenity which will attract more customers and serve as an additional income source to the Buyer.
For more information regarding the sale of 5801 Beach Boulevard in Jacksonville, Florida, or any questions relating to investment sales, please get in touch with NAI Hallmark at +1 904 363 9002.
