Jacksonville, FL - Panda Express

Description:

• The tenant recently signed a brand new, rare 25-year lease with 4 (5-year) options to extend
• The lease features 10% bumps every 5 years throughout the initial term and at the beginning of each option
• 2025 remodel of a Pollo Tropical building to retrofit the space for Panda Express
• The restaurant brand has nearly 2,500 locations across 11 international countries
• This is 1 of 9 Panda Express locations in Jacksonville

• The asset is located off the signalized, hard corner intersection of Atlantic Blvd and Southside Blvd averaging 71,500 VPD
• Ideally positioned West of I-295 (90,500 VPD), allowing users to benefit from on/off ramp access to the site and surrounding Jacksonville MSA trade areas
Part of a larger shopping center that features Ollie’s, Dollar Tree, Home Outlet, and more
• The immediate trade area is supported by surrounding retailers such as ALDI, The Home Depot, Target, and more