Case Study: ST. JOHNS TOWN CENTER (JACKSONVILLE, FL)



Key Highlights

  • Trophy properties located within the Jacksonville MSA
  • Immediate proximity to the Interstate 295 (77,000 VPD) and J Turner Butler Boulevard (95,000 VPD)
  • Outparcel to St. Johns Town Center, a 1.4 million SF open air lifestyle center partially owned and managed by Simon Property Group
  • Anchor tenants including: Dick's Sporting Goods, Dillard's, DSW, Nordstrom, Ross Dress for Less, Staples and Target
  • Luxury tenants include Apple, Lacoste, Louis Vutton, Michael Kors and Tiffany & Company
  • Strong rent-to-sales ratio
  • Attractive demographics with 515K people living within a 10-mile radius
  • Median household income within a 10-mile radius of $73K

Bahama Breeze Key Statistics

Restaurant Brand: Bahama Breeze
Location: Jacksonville, FL
MSA: Jacksonville
SF: 7,260
Year Built: 2010
Annual Escalators: 1.5%

Demographics (3-mile)

Total Population: 39K
Median Household Income: $60K

Season 52 Key Statistics

Restaurant Brand: Seasons 52
Location: Jacksonville, FL
MSA: Jacksonville
SF: 9,356
Year Built: 2011
Annual Escalators: 1.5%

Demographics (3-mile)

Total Population: 56K
Median Household Income: $58K