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12220 Atlantic Blvd
Jacksonville, FL 32225

BJ's & Walgreens · Retail Property For Sale · 123,469 SF Total

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Investment Highlights

BJ’S WHOLESALE CLUB (NYSE: BJ) | 252 LOCATIONS NATIONWIDE | 5.5+ MILLION MEMBERS | S&P: BB+ CREDIT RATING | CORPORATE LEASE
BJ’S HAS A 24-YEAR OPERATING HISTORY AT SUBJECT PROPERTY | RECENT 10-YEAR EXTENSION (2020) | 6.7 YEARS REMAINING
HIGHLY VISIBLE & EASILY ACCESSIBLE | HIGH TRAFFIC RETAIL CORRIDOR ALONG ATLANTIC BLVD / HWY 10 (58,026 VPD) | 5.5 MILES TO ATLANTIC BEACH

WALGREENS (NASDAQ: WBA) | 8,250 LOCATIONS NATIONWIDE | S&P: BBB- CREDIT RATING | CORPORATE LEASE
WALGREENS HAS A 23-YEAR OPERATING HISTORY AT SUBJECT PROPERTY | 6.8 YEARS REMAINING

Executive Summary

Newmark, as an exclusive advisor, is pleased to present the opportunity to acquire two (2) single-tenant, net leased properties (BJ’s Wholesale Club + Gas and Walgreens) located in Jacksonville, FL.
NN Lease Structure
6.7 Years Walt
Free Simple Ownership Interest

PROPERTY FACTS

Price / SF	$193.92 / SF	Number of Properties	2
Cap Rate	6%	Individually For Sale	0
Sale Type	Investment	Total Building Size	123,469 SF
Status	Active	Total Land Area	8.68 AC

Price / SF	$193.92 / SF
Cap Rate	6%
Sale Type	Investment
Status	Active
Number of Properties	2
Individually For Sale	0
Total Building Size	123,469 SF
Total Land Area	8.68 AC

Properties

Property Name / Address	Property Type	Size	Year Built	Individual Price
BJ's Wholesale Club 12220 Atlantic Blvd, Jacksonville, FL 32225	Retail	108,546 SF	2000	-
Walgreens 12230 Atlantic Blvd, Jacksonville, FL 32225	Retail	14,923 SF	2001	-

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Listing ID: 32405933
Date on Market: 7/10/2024
Last Updated:
Address:

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