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1902 N Main St
Jacksonville, FL 32206 Springfield

$1,920,634 USD

Fast Food For Sale  •  1,526 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 1,526 SF
  • Lot Size 0.41 AC
  • Building Class B
  • Year Built 1980
  • Cap Rate 5.20 %
  • Tenancy Single
  • Zoning CCG-S
40 Transit Score
60 Walk Score

Highlights

Strong in-place sales volumes support a healthy rent-to-sales ratio, providing confidence in long-term tenant viability and rent coverage.
1.75% annual rent increases provide consistent NOI growth and a built-in hedge against inflation.
Florida’s tax-friendly environment enhances investor returns and increases overall yield compared to higher-tax states.
Positioned in a dense Jacksonville corridor with strong traffic counts and proximity to major highways.
Located near UF Health Jacksonville and Florida State College (20,000+ students), providing a consistent and diverse consumer base.
Surrounded by national retailers including McDonald’s, Walgreens, KFC, and Wells Fargo, reinforcing the corridor as a proven QSR destination.
Cap Rate: 5.20 %

Major Tenants

Tenant SF Occupied Lease End Date
Popeyes 1,526 SF 9/30/2039

Amenities

  • Pylon Sign
  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
11 min - 5.3 mi
AirportDriveWalkDistance
Jacksonville International 23 min - 14.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Mitchell Coleman 843-931-9580 Sands Investment Group
Mitchell Coleman 843-931-9580 Sands Investment Group