Boost Coffee – Jacksonville, FL

Sands Investment Group is pleased to exclusively present for sale the Boost Coffee Absolute NNN Ground Lease property located at 7253 103rd Street in Jacksonville, FL. This opportunity features a long-term 15-year Absolute Triple Net (NNN) Ground Lease with zero landlord responsibilities, offering a truly passive investment. The tenant is responsible for 100% of all operating expenses, including real estate taxes, insurance, roof, structure, HVAC, utilities, and maintenance. This structure provides investors with stable, predictable income and minimal management, making it a highly attractive and secure investment opportunity.

PROPERTY HIGHLIGHTS

• Long-Term 15-Year Triple Net (NNN) Ground Lease (Zero Landlord Responsibilities): This is a true passive investment featuring a 15-Year Absolute Triple Net (NNN) Ground Lease. The tenant is responsible for 100% of all operating costs, including real estate taxes, insurance, roof, structure, HVAC, utilities, and maintenance.
• Attractive Rent Escalations & Inflation Hedge: The lease is structured with robust 10% rent increases every 5 years throughout the primary 15-year term and across all four 5-year renewal options. This aggressive schedule provides a powerful, steady hedge against inflation, delivering a remarkable 131.5% total rent growth over the full 35-year term (equating to a Compound Annual Growth Rate of ~2.4%). This ensures a continually compounding, secure, and long-term yield for the investor.
• Corporate Guarantee From Proven Operators: The lease is backed by a corporate guarantee. The Boost leadership team brings an incredibly strong track record, having previously developed and successfully exited over 70 Planet Fitness locations across multiple states.
• Prime Launchpad for a Rapidly Scaling Brand: Boost Coffee Energy Drive has an aggressive national expansion roadmap, targeting 450 stores by 2030. This allows the investor to get in on the ground floor of a major new concept that capitalizes on a massive first-mover opportunity, combining premium coffee and clean energy.
• State-of-the-Art Dual-Lane Drive-Thru Design: The 600-800 SF modular building is optimized for high volume and throughput, featuring a dual-lane drive-thru. This format caters directly to consumer demand, as drive-thrus now represent over 70% of coffee shop revenue.

LOCATION HIGHLIGHTS

• Robust Local Demographics: The Jacksonville location boasts a highly captive customer base, featuring a population of 189,267 within a 5-mile radius and over 509,626 within a 10-mile radius. The 5-mile average household income is a healthy $78,482.
• High-Traffic Retail Corridor & Immediate Highway Access: Strategically located on 103rd Street (48,987 VPD), the property is positioned to capture massive daily commuter volume. Sitting immediately off the West Beltway 295 (I-295) interchange, which boasts 118,000 VPD, this site offers exceptional visibility and a constant stream of regional traffic directly to the tenant’s drive-thru.
• Proximity to Massive Industrial Mega-Site: Just minutes west sits the 17,000-acre Cecil Commerce Center, one of the most sought-after logistics and manufacturing hubs in the Southeast. Housing major employers like Bridgestone, SAFT America, and Boeing, it drives thousands of daily commuters past the site.
• Major Nearby Corporate Expansion & Job Creation: The immediate trade area is experiencing an industrial boom, including Cosentino Group’s massive new $270 million manufacturing plant at the nearby Cecil Commerce Center. Additionally, $5.5 million in state funding has been allocated to build a new 3-mile rail spur, expected to generate an additional 500 jobs.
• “Wonderland Corridor” Revitalization Initiative: The property sits directly in the path of the proposed “Wonderland Corridor,” a civic initiative to revitalize 103rd Street from Blanding Blvd to Cecil Field. The proposal calls for a $750,000 investment to fund a Business Improvement District (BID) to enhance commercial appeal right outside the tenant’s doors.
• Surging Local Medical Development: The local area is experiencing a wave of rapid development, including a brand-new, standalone Baptist Health emergency room approved just blocks away at 6916 103rd St. This brings a highly coveted, recession-resistant customer base of healthcare workers and patients to the immediate area.
• Surrounded by Major National Anchors: The site sits in a highly dense, proven retail node. It shares immediate retail synergy with heavy-hitting national QSR brands, including McDonald’s, Taco Bell, Dunkin’, Burger King, KFC, and Checkers, driving massive consumer cross-traffic.

In Cooperation With SIG RE Services, LLC – Lic. #CQ1055229 BoR: Andrew Ackerman – Lic. FL #BK3369953