Jacksonville, FL — A 47,000-square-foot Harvey’s Supermarket situated on 5.64 acres in Jacksonville, Florida, has been successfully sold in an off-market transaction.
Michael Cleeman represented the purchaser in the transaction.
The property is subject to a long-term absolute net lease, with no landlord obligations, which was a key driver of buyer interest. As part of Winn-Dixie’s strategic focus on the Florida market and its decision to phase out the Harveys brand, the store is scheduled to be rebranded and converted to a Winn-Dixie location in 2026.
The buyer was attracted to the combination of a necessity-based grocery tenant, long-term lease security, and the forthcoming conversion to the Winn-Dixie banner, which further strengthens the asset’s long-term stability and operating performance.
“This transaction reflects continued investor demand for grocery-anchored real estate with durable tenancy and minimal management responsibilities,” said Michael Cleeman. “The long-term, no-landlord-obligations lease and the planned Winn-Dixie conversion made this a particularly compelling acquisition.”
The sale underscores ongoing interest in grocery-leased assets in strong Florida markets and highlights Cleeman’s continued activity in sourcing and executing off-market retail transactions.