NNN Properties · Duval County
NNN Properties for Sale in Jacksonville
Jacksonville offers one of the most attractive NNN investment markets in Central Florida. Population growth, strong retail demand, and credit tenant expansion have made Jacksonville a priority market for passive net-lease investors and 1031 exchange buyers looking for stable cash flow with zero management.
About Jacksonville
Jacksonville is the largest city by land area in the continental United States and the commercial real estate hub of Northeast Florida. A consolidated city-county government, major corporate HQs, JAXPORT, and a diversified economy make Jacksonville one of the most attractive Florida CRE markets for institutional and private investors alike.
Market highlights
- •Largest city by land area in the continental US
- •Headquarters: Fidelity National Financial, FIS, CSX, Southeastern Grocers, Florida Blue
- •JAXPORT — largest container port in Florida
- •Three Navy installations: NAS Jacksonville, NS Mayport, Kings Bay (nearby)
- •Mayo Clinic Jacksonville and Baptist Health anchor major medical economy
Major employers
- •Fidelity National Financial
- •FIS
- •CSX Corporation
- •Mayo Clinic
- •Baptist Health
- •Naval Air Station Jacksonville
Demographics
Median household income ~$62,000 with a diversified economy spanning financial services, logistics, healthcare, and defense.
Why Invest in NNN Properties in Jacksonville
- ✓Absolute net lease structures with zero landlord responsibilities
- ✓Corporate-guaranteed rent from investment-grade tenants
- ✓Long lease terms (typically 10-20 years) with predictable escalations
- ✓Ideal for 1031 exchange replacement property
- ✓Institutional-quality income without institutional deal size
Typical NNN Properties Tenants in Jacksonville
NNN properties are best suited for passive investors and 1031 exchange buyers looking for mailbox-money cash flow backed by corporate guarantees.
Why Investors Buy NNN Properties in Jacksonville
NNN investors are drawn to Jacksonville for the same reasons operators are expanding here — strong demographics, growing population, and a retail environment that supports credit tenant expansion. Deals priced between $1.5M and $5M trade actively in this market, making Jacksonville accessible to both 1031 exchange buyers and first-time NNN investors.
What to Look for in a Jacksonville NNN Deal
The best Jacksonville NNN deals combine strong tenant credit with a defensive location. Look for corner outparcels, established retail corridors, and properties with demographic tailwinds. Avoid over-reliance on a single industry and watch for upcoming lease expirations that could impact your exit strategy.
NNN Cap Rates in Jacksonville
Cap rates for NNN deals in Jacksonville typically range from 5.25% for top-tier corporate-guaranteed deals with long remaining lease terms, up to 7.25% for franchisee-operated deals or shorter lease terms. Location, tenant credit, and lease structure drive pricing more than the specific asset class.
Looking for nnn properties in Jacksonville?
Ryan Solberg and the MaxLife Realty team work Jacksonville and the surrounding Central Florida markets every day. We source on-market and off-market opportunities, underwrite them against institutional standards, and help clients close with confidence.
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