Ellianos Coffee

51 Duval Station Road, Jacksonville, FL 32218

$1,696,000

Cap Rate 5.75%

Views: 65 DOM: 85 Updated: 07.09.24 Posted: 05.03.24 Status: Active

Summary

Price $1,696,000	Built/Renov 2023	Tenant Ellianos Coffee
Cap Rate 5.75%	Lease Type Abs NNN	Guarantor Franchisee
Size/SF 950	Lease Start 07-01-2024	#Units 73
Price/SF $1,785.26	Expiration 06-30-2039	Tenant Type Fast Food/QSR
NOI $97,500	R. Term 14.11	Ownership Fee Simple
Rent/SF $102.63	Increases 10.0%/5/yrs	Pop 5Mi 64,840
Lot/AC 0.96	Options 3/5yrs/10%	AHHI 5Mi $92,632

Lease Highlights

Brand new 2023 construction
Ellianos Coffee will be executing a brand new 15-year lease with 3 (5-year) options to extend at the close of escrow
The lease features 10% rental escalations throughout the initial term and option periods
Absolute NNN | Zero landlord responsibilities
Franchisee guaranteed lease

Location Description

Ellianos Coffee is strategically located on Duval Station Road, with access to 9,700 vehicles passing by daily. The property is ideally positioned off I-95 (121,000 VPD), allowing for on/off-ramp access to the site and surrounding trade area. Additionally, it is just north of the River City Marketplace development, a regional outdoor shopping mall featuring well-known tenants such as Walmart...

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Key Features

New construction
Dense retail corridor
Near major nationals
Strategically located
Top 100 MSA
Income tax free state
Brand new lease
Long 15+ yr lease
Absolute NNN
50+ unit franchisee backed

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Links

Ellianos Coffee Wikipedia Jacksonville, Florida Zip Code 32218 Broker Site Page Drone Video

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Ellianos Coffee
Guarantor:Franchisee
Company:Franchisee
# Units:73
Stock:Private

About Tenant

Ellianos Coffee is a dual drive-through specialty coffee concept located in the Southeastern states. The Ellianos menu boasts Signature Creations such as the Caffe Dolce Latte, iced Tuscany Toffee...

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Demographics

	1 Miles	3 Miles	5 Miles
2028 Total Population :	5,368	27,441	67,398
2023 Total Population :	5,221	26,024	65,249
2023 Employed Civilian Pop :	2,620	13,377	32,275
2023 Total Businesses :	184	878	1,852
2023 Average Household Income :	$ 110,126	$ 91,382	$ 92,307
2023 Total Consumer Spending :	$ 180 M	$ 782 M	$ 1951 M
2023 Median Age :	38	38	38
2023 Total Households :	1,897	9,893	24,507
2023 Pop Age 25+: Bachelor's Degree :	753	3,877	9,103
2023 Average Home Value :	$ 315,973	$ 298,165	$ 321,635

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
Duval Station Rd	E 1st St	2010	9,359	0.04 mi
Main Street	Duval Station Rd	2022	14,100	0.08 mi
Duval Rd	Turkey Ford Rd	2010	7,329	0.23 mi
Hwy 17	Eubanks St E	2010	10,900	0.23 mi
Duval Station Road	Sanwick Dr	2022	9,700	0.55 mi
Duval Road	Owens Rd	2022	11,000	0.57 mi
Airport Center Drive	Galway Ave S	2022	5,900	0.90 mi
Duval Rd	E Duval Pl	2007	21,161	1.06 mi
	Owens Rd	2022	90,000	1.08 mi
	Duval Rd	2022	4,600	1.14 mi

Listing Broker

William Wamble

SRS National Net Lease Group

Contact

154 Listings
11558 Views
34 Sold

Patrick Nutt

SRS National Net Lease Group

Contact

229 Listings
15703 Views
74 Sold

William Wamble

Will Wamble joined SRS in early 2019 and specializes in the advisory and sale of net leased properties, specifically in the Southeast. With more than $350M worth of transactional experience in his career, Will prides himself on valuing hard work and dedication to his clients. Will emphasizes collaboration and putting the best team together to find creative solutions to getting transactions completed. He started his commercial real estate career in 2013 with Marcus & Millichap where he focus

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Patrick Nutt

Patrick Nutt joined SRS as executive vice president for the National Net Lease Group and market leader in the Fort Lauderdale office in 2019. He leads the Fort Lauderdale office where he is tasked with recruiting and expansion efforts in the region and elevating the SRS brand throughout Florida. Additionally, Patrick Co-heads the National Net Lease Group for SRS, a group of 50 investment sales professionals who in 2020 managed over 500 transactions with an aggregate value of nearly $2 Billion

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