Investment Overview

Marcus & Millichap is pleased to present Nassau Health Foods, a +/- 8,000 SF single-tenant grocery, café, and wine/coffee/draft beer bar located on a hard-cornered out-parcel of the Amelia Plaza Community Shopping Center, which is anchored by Winn Dixie and Walmart. The structure is situated on 0.84 acres and was built in 1995. TJ Courson Rd fronts the property and runs perpendicular to S 14th St and S 8th St, which border the Shopping Center. 14th St and 8th St, which respectfully have an AADT of 17,600 and 16,700, are the main commercial arteries in Fernandina Beach, connecting the island with itself and the rest of the county. This is a rare sale-leaseback opportunity to acquire a property housing an established community business that has served Amelia Island since 1985. The current owner acquired the business and real estate in August 2021. From this time last year, sales are up 24% with growth in existing operations and the addition of interrelated income streams, including the opening of the Coffee, Wine, and Beer Bar/Patio and the expansion of Amelia Fresh Café. Additionally, the new owner has invested heavily in his staff by giving raises and obtaining medical, vision, and dental insurance. Over the fifteen-year span of 2020-2035, the Bureau of Economic Business & Research (BEBR) predicts Nassau will be the seventh fastest growing county in the State of Florida (by %) with a projected population expansion of 47.5% resulting in over 137,200 people calling Nassau home by 2035.