Jacksonville, FL - Elliano's Coffee

Description:

• The tenant will sign a brand-new 15-year lease at the close of escrow with 3 (5-year) options to extend, demonstrating their commitment to the site
• Ellianos Coffee was founded in Lake City, FL, and currently has 39 operating locations with over 110 additional locations planned
• The lease features a 10% rental increases every five years throughout the initial term and in the options to extend, steadily growing the NOI and providing a hedge against inflation

• Ideally positioned off I-95 (121,000 VPD), allowing for on/off ramp access to the site and surrounding trade area
• Just North of the River City Marketplace development, a regional outdoor shopping mall featuring tenants such as Walmart Supercenter, Lowe’s, Best Buy, and more
• The River City Marketplace ranks in the top 85% of all US super-regional malls and the Walmart Supercenter ranks in the top 80% of all US locations according to Placer.ai
• Ellianos Coffee is located just 9 minutes from the Jacksonville International Airport
• Click HERE and HERE for more information on this Ellianos location