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Restaurant

Crown Fried Chicken

1060 E 21st St, Jacksonville, FL 32206

Listing Price: $750,000

Cap Rate
7.04%
Tenant Name
Crown Fried Chicken
Years Remaining On Lease
9.9
Gross SF
1,395
Guarantor
Personal Guarantee
Rentable SF
1,395
Price/Gross SF
$537.63
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$37.85

Investment Overview

Marcus & Millichap is pleased to present Crown Fried Chicken, located at 1060 East 21st
Street Jacksonville, FL 32206. Positioned on the southerly side of East 21st Street. This
1,961 SF structure is situated on 0.77 acres and was built in 1983. This parcel is
approximately 440' west from UF Health Community Health Center and 220' north of
Martin Luther King Parkway. The property features approximately 145' of frontage on East
21st Street, 22 parking spaces and two points of ingress/egress from Phoenix Avenue and
East 21st Street. The surrounding property includes residential housing and UF Health
Community Center.

Investment Highlights

  • New 10 Year Triple (NNN) Lease
  • 7% Rent Increase Every Five Years
  • Restaurant Equipment Included in Sale
  • Successful Operating History
  • Newly Renovated
  • Located On Signalized Corner

Exclusively Listed By

Financing By

Restaurant

Crown Fried Chicken

Listing Price: $750,000

Cap Rate
7.04%
Tenant Name
Crown Fried Chicken
Years Remaining On Lease
9.9
Gross SF
1,395
Guarantor
Personal Guarantee
Rentable SF
1,395
Price/Gross SF
$537.63
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$37.85

Investment Highlights

  • New 10 Year Triple (NNN) Lease
  • 7% Rent Increase Every Five Years
  • Restaurant Equipment Included in Sale
  • Successful Operating History
  • Newly Renovated
  • Located On Signalized Corner

Investment Overview

Marcus & Millichap is pleased to present Crown Fried Chicken, located at 1060 East 21st Street Jacksonville, FL 32206. Positioned on the southerly side of East 21st Street. This 1,961 SF structure is situated on 0.77 acres and was built in 1983. This parcel is approximately 440' west from UF Health Community Health Center and 220' north of Martin Luther King Parkway. The property features approximately 145' of frontage on East 21st Street, 22 parking spaces and two points of ingress/egress from Phoenix Avenue and East 21st Street. The surrounding property includes residential housing and UF Health Community Center.

Exclusively Listed By

Financing By

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