Former Restaurant 1030 University Blvd N

Graystone Capital Advisors has been exclusively engaged to present for sale the fee-simple interest in 1030 University Blvd N, Jacksonville, FL. The former tenant, Subway, occupied the site for 30+ years. There is no lease or tenant in place, making this an excellent redevelopment opportunity for an investor to significantly increase the value of the existing property. Positioned on a 0.27-acre site on University Blvd, the existing building is 2,991 square feet.
The Offering is located on University Blvd (30,580 VPD), just before the Matthews Bridge (50,200 VPD) which crosses the St Johns River and leads to the EverBank Stadium, the esteemed home of the Jacksonville Jaguars. It is also across the street from Town and Country Shopping Center and College Park Shopping Center whose notable tenants include Winn-Dixie, Dollar General, Advance Auto Parts, and McDonalds. Additionally, University Blvd is a four-lane highway with 30,600 vehicles passing the site per day. The street is lined with other national retailers, hotels, places of worship, and other local businesses, surrounded by dense retail communities. There are approximately 200,000 residents within a 5-mile radius.