Truist (Jacksonville, FL MSA)

Truist (Jacksonville, FL MSA)

Orange Park, FL

Orange Park, FL

Truist (Jacksonville, FL MSA)

Offered for sale is a Truist Bank ground lease in Orange Park, Florida. The 1.36-acre site features a four-lane drive-thru and has operated continuously as a bank branch since 1992 — first under BB&T, then Truist following the 2019 merger with SunTrust — representing 34 years of uninterrupted occupancy at this location. The property fronts Blanding Boulevard at 65,000 vehicles per day, one of Clay County's highest-traffic commercial corridors. The surrounding five-mile trade area supports 149,623 residents and 112,396 daytime employees, with average household incomes exceeding $100,000. Ryan Nee; Florida Broker of Record; 5900 N Andrews Ave., Ste. 100; Fort Lauderdale, FL 33309; (954) 245-3400: Lic#: BK3154667

Price $2,625,000
Cap Rate 6.02%
Building Size 7,355 sqft
Lot Size 1.36 acres
Year Built 1997
Offering Memorandum

Ryan Wolf

Managing Director
(972) 755-5207
RWolf@marcusmillichap.com
License: TX 622900

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
FINANCING TEAM

Duke Dennis

Director
(817) 932-6172

 

  • Ground Lease With 6.8 Years Remaining
  • Excellent Access and Visibility Along
  • Blanding Boulevard (65,000 VPD)
  • Positioned Within Orange Park’s Primary
  • Retail (Orange Park Mall) and Healthcare
  • (HCA Florida Orange Park Hospital) Corridor
  • Dense and Growing Trade Area With 149,623
  • Residents and 112,396 Daytime Employees
  • Large 1.36-Acre Parcel With Four-Lane
  • ATM Drive-Thru

Ryan Wolf

Managing Director
(972) 755-5207
RWolf@marcusmillichap.com
License: TX 622900

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
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