nnn investment property - foundry commercial · 2015-02-10 · nnn investment property 220 park...

DEAL POINTS

Price: $2,218,367

6.0% cap rate

Annual Rent: $133,102

10% rent bumps every five years

including renewal periods

Lease Commencement: 6/1/2014

Lease Expiration: 2/28/2025

Six 5-year renewal options

Land size: 1.212 acres

Building size: 8,214 sf

Year built: 1978

Extensive renovation with over $2m in

improvements prior to opening in 2014

Great visibility on Park Avenue

71,500 VPD on Park Avenue

NNN Investment Property

220 PARK AVENUE, ORANGE PARK, FL 32073

CNL Commercial Real Estate 420 South Orange Avenue

Suite 950 Orlando, FL 32801

t: 407.540.7700 I f: 407.540.7750 www.cnlcre.com

For more information, please contact:

PJ BEHR Vice President 407.540.7746

[email protected]

BRETT HARTUNG Associate

407.540.7897 [email protected]

Retail Market Aerial

1 Mile 3 Miles 5 Miles

2013 Population 4,549 39,260 107,058

2013 Avg HH Income $53,182 $54,913 $71,730

DEMOGRAPHICS

220 PARK AVENUE, ORANGE PARK. FL 32073






[email protected]



NNN Investment Property 4 Rivers Smokehouse

Naval Air Station Jacksonville


NNN Investment Property 4 Rivers Smokehouse

Naval Air Station Jacksonville, is

a multi-mission base hosting more

than 110 tenant commands.

NAS Jacksonville is one of the

Navy’s finest and fastest growing

installations and is the recipient of

the 2012 Presidential Excellence

Award and 2013 Commander, Navy

Installations Command Excellence

Award. It is the largest Navy base in

the Southeast Region and third in

the nation. As a master air and

industrial base, Naval Air Station

Jacksonville supports U.S. and allied

forces specializing in anti-submarine

warfare and training of the best

aviators in the world.

Total Acreage of Installation: 24,629

Military Personnel: 12,548

Civilian Personnel: 7,070

Buildings Owned: 643 Source: navy.mil; coj.net

Demographic Profile

2013 Information 1 mile 3 mile 5 mile

Total Population 4,549 39,260 107,058

Median Age 34.8 34.0 37.9

Median HH Income $41,494 $42,977 $51,077

Average HH Income $53,182 $54,913 $71,730

Total Households 1,914 15,401 41,801

Historical and Projected Information

1 mile 3 mile 5 mile

2000 Population 4,771 35,819 100,129

2010 Population 4,518 38,756 105,620

2013 Population 4,549 39,260 107,058

2018 Population (Projected) 18,337 39,187 103,367

2000 Households 1,976 4,717 18,567

2010 Households 1,894 15,160 41,121

2013 Households 1,914 15,401 41,801

2018 Households (Projected) 1,970 15,948 43,299

2013 Average HH Income $53,182 $54,913 $71,730

2018 Average HH Income $61,184 $62,594 $83,926






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4 Rivers Smokehouse

Although all information furnished for sale, rental, or financing is from sources we deem reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof, and it is submitted subject to errors, omissions, changes of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.

John Rivers’ diverse career experience spans two decades and ranges from managing a

billion-dollar pharmaceutical distribution operation, to opening one of the fastest growing

new restaurants in the Southeast with his Texas-inspired 4 Rivers Smokehouses in Winter

Park, Winter Garden, Longwood, East Orlando, Gainesville, and Jacksonville, Florida.

Working from his garage, John’s ministry quickly grew in popularity, prompting the bottling

of his 4 Rivers (4R) Signature Barbecue Sauce and the ultimate leap of faith to open the first of two 4 Rivers

Smokehouse’s in Winter Park, Fla. (October 2009). Smoking more than 15,000 pounds of meat a week, the

Smokehouse quickly became one of the fastest growing restaurants in Central Florida, serving a line of guests

waiting up to 45 minutes to eat on picnic tables under an outside patio at his 1,350-square-foot restaurant.

Today, 4 Rivers Smokehouse continues the tradition of donating proceeds to local churches and school endeavors,

and is prized for its superb balance of flavors in his 4 Rivers Signature Sauce. The recipe is multi-regional, making it a

perfect fusion of sweet and tangy with a smoky spice finish that you’re sure to enjoy!

Ranked 29 in 2013 on the Orlando Business Journal's "Fast 50", a list comprised of Central Florida's 50

fastest-growing privately owned companies and based on revenue by percentage growth from 2010-2013.

Ranked 71 for 2013 on the Orlando Business Journal's 30th annual Golden 100 Awards. Each year, the

companies are ranked by the gross revenue for the most recent year-end. Last year marked a milestone in

Golden 100 history with not one, but two, billion-dollar companies on the list.

USA Today Ranked the COOP in the top 10 for Orlando's independent restaurants in their July 14, 2014 issue

4 Rivers Smokehouse Tenant Profile



4 Rivers Smokehouse

recognizing Orlando's

blossoming independent restaurant

scene where scrumptious eats

come with a side of spunk.

"The Southern Cowboy

Cookbook" is nearing 3000 copies

sold and has recently been picked

up at select Florida Costco

Warehouses.

City of Jacksonville

Jacksonville Fun Facts

Jacksonville was known as Cowford until 1822 because cattle were transported across the St. John's River

The Jacksonville Jazz Festival is the second-largest jazz festival in the US and began in 1980.

Several notable movies has been filmed in Jacksonville including The Creature from the Black Lagoon, GI Jane,

Why Do Fools Fall In Love, The Manuichan Candidate (2004) and The New Adventures of Pippi Longstocking.

The Dames Point Bridge, which connects Downtown to the Arlington area, is the largest concrete cable-

supported bridge in the world.

Jacksonville, the largest city in area in the continental United

States, is a rapidly growing metropolitan city in Northeast Florida,

with approximately 850,000 residents. Under its strong mayor

form of government, residents elect a mayor and a 19-member

City Council, with five at-large members and 14 members elected

by district. Alvin Brown is Jacksonville's seventh mayor since the

consolidation of Duval County and City of Jacksonville

governments in 1968. Due to its convenient location, mild climate,

reasonable cost of living, high quality of life and business- friendly

government, Jacksonville is a popular location for transportation hub is another incentive, and the city is also a

leading distribution center, with a transportation network embracing port and air cargo facilities, rail and trucking

routes. Millions of tons of raw materials and manufactured goods move through the city annually.

With a growing population, a strong economy, diverse cultural and recreational opportunities and abundant

natural resources, Jacksonville continues to distinguish itself as one of the nation's most dynamic and progressive

cities..

Source: coj.net, abouttravel.com






[email protected]



First Pharr School, 1911



4 Rivers Smokehouse

nnn investment property - foundry commercial · 2015-02-10 · nnn investment property 220 park...

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