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Bank

Truist (Jacksonville, FL MSA)

296 Blanding Blvd, Orange Park, FL 32073, Orange Park, FL 32073

Listing Price: $2,625,000

Cap Rate
6.02%
Tenant Name
Truist
Years Remaining On Lease
6.7
Gross SF
7,355
Guarantor
Corporate Guarantee
Rentable SF
7,355
Price/Gross SF
$356.90
Lease Type
Ground Lease
Rent Per Square Feet
$21.48

Investment Overview

Offered for sale is a Truist Bank ground lease in Orange Park, Florida. The 1.36-acre site features a four-lane drive-thru and has operated continuously as a bank branch since 1992 — first under BB&T, then Truist following the 2019 merger with SunTrust — representing 34 years of uninterrupted occupancy at this location. The property fronts Blanding Boulevard at 65,000 vehicles per day, one of Clay County's highest-traffic commercial corridors. The surrounding five-mile trade area supports 149,623 residents and 112,396 daytime employees, with average household incomes exceeding $100,000.

Investment Highlights

  • Ground Lease With 6.8 Years Remaining
  • Excellent Access and Visibility Along Blanding Boulevard (65,000 VPD)
  • Positioned Within Orange Park's Primary Retail (Orange Park Mall) and Healthcare (HCA Florida Orange Park Hospital) Corridor
  • Dense and Growing Trade Area With 149,623 Residents and 112,396 Daytime Employees
  • Large 1.36-Acre Parcel With Four-Lane Drive-Thru
  • Established Bank Location Operating Since 1992
  • Located Within the Jacksonville MSA (Population: 1.7 Million), Northeast Florida's Largest Metropolitan Area
  • Truist Financial Corporation (NYSE: TFC | S&P: A-) — Top-10 U.S. Commercial Bank With $547.5 Billion in Total Assets as of Year-End 2025

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Executive Managing Director, Chief Revenue Officer- Southeast/Mid-Atlantic Division

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Listing Price: $2,625,000

Cap Rate
6.02%
Tenant Name
Truist
Years Remaining On Lease
6.7
Gross SF
7,355
Guarantor
Corporate Guarantee
Rentable SF
7,355
Price/Gross SF
$356.90
Lease Type
Ground Lease
Rent Per Square Feet
$21.48

Investment Highlights

  • Ground Lease With 6.8 Years Remaining
  • Excellent Access and Visibility Along Blanding Boulevard (65,000 VPD)
  • Positioned Within Orange Park's Primary Retail (Orange Park Mall) and Healthcare (HCA Florida Orange Park Hospital) Corridor
  • Dense and Growing Trade Area With 149,623 Residents and 112,396 Daytime Employees
  • Large 1.36-Acre Parcel With Four-Lane Drive-Thru
  • Established Bank Location Operating Since 1992
  • Located Within the Jacksonville MSA (Population: 1.7 Million), Northeast Florida's Largest Metropolitan Area
  • Truist Financial Corporation (NYSE: TFC | S&P: A-) — Top-10 U.S. Commercial Bank With $547.5 Billion in Total Assets as of Year-End 2025

Investment Overview

Offered for sale is a Truist Bank ground lease in Orange Park, Florida. The 1.36-acre site features a four-lane drive-thru and has operated continuously as a bank branch since 1992 — first under BB&T, then Truist following the 2019 merger with SunTrust — representing 34 years of uninterrupted occupancy at this location. The property fronts Blanding Boulevard at 65,000 vehicles per day, one of Clay County's highest-traffic commercial corridors. The surrounding five-mile trade area supports 149,623 residents and 112,396 daytime employees, with average household incomes exceeding $100,000.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Executive Managing Director, Chief Revenue Officer- Southeast/Mid-Atlantic Division

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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