$1,650,000

Property Description

Current owner of Friends Jefferson Grill has 7 successful Friends restaurant and grill locations. This Jefferson location is the highest grossing business at over 2.3MIL in annual gross sales. Owner would like to expand options to open more restaurants while keeping this operation open with a 10 year lease back at $10,000/mo. With a Triple Net Lease, three 5 year options to renew with a one time 5% increase per option, the new owner of this building will have an automatic long term SOLID tenant in place! Building was completely remodeled 2 years ago with new mechanical, HVAC, metal roof, new kitchen, etc. New owner will be responsible for exterior facade, roof and parking lot maintenance. Tenant will be responsible for everything else! Turnkey, income producing real estate!
Courtesy of Progressive Realty Llc

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Alex Norkus

(904) 280-3000
Keller Williams Jacksonville Realty