Blanding Blvd Carrabba’s Has New Owner – CoStar Group

Blanding Blvd Carrabba's Has New Owner – CoStar Group.

From CoStar:
The Sherman Organization acquired the restaurant building at 8406 Blanding Blvd. in Jacksonville for $1.565 million, or about $240 per square foot.

The single-story, 6,504 square-foot retail building is currently occupied by a Carrabba’s restaurant. The building was built in 2013, and is located in the Riverside submarket. According to CoStar information, Carrabba’s is in the second year of a 10-year lease.

About Ernie Saltmarsh

Ernie works for Colliers International in the Northeast Florida Investment Services Group. The team includes Robert Selton, Scott Rogers, Ernie Saltmarsh and Adrienne Miller. Ernie works with buyers who are looking to invest in commercial real estate and sellers who are looking to dispose of investment assets. Ernie's background in research, marketing and finance provide the vital skills necessary to serve his clients.

Posted on July 11, 2014, in Hotel-Restaurant-Tourism, Single Tenant Net Leased (STNL), Transactions and tagged , , , . Bookmark the permalink. Leave a comment.

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