TWO TENANT NNN RETAIL ASSET
Office | 54,297 SF
Marketing description
5940 Beach Boulevard is a Unique Facility That Consists of a 54,297± Sf Building on 5.81 Acres and Approximately 297 Parking Spaces. The Property is Located at One of Jacksonville’s Busier Intersections With Over 60,000 Cars Per Day. Beach Boulevard is Also a Major Thoroughfare From Downtown to the Beaches. The Subject Property Was Originally Built in 1979 for Albertsons Grocery Store. It Was Run as Rowe’s Food Store (a Local Grocer) From 2001 - 2011. In 2011, Virginia College Invested Millions of Dollars to Convert the Building Into a First-class Higher Education Facility. The Property Lends Itself to Easily Be Converted Into Another Private for-profit University, Charter Schools, or Private School. It Can Also Be Converted Back to a Grocery Store, or Other Facilities, Such as Medical, Mini Warehouse, Office Call Center, and/or Other Retail Redevelopment Opportunities in This Trade Area.
Investment highlights
- 5.81 Acres (253,171 Sf)
- 297 Parking Spaces
- Pre-cast Panel
- Built in 1979
- Dock Loading Doors
- Currently Built Out as Turn-key Educational College
- Divisible for Multiple Tenants
- Central Jacksonville Location at Beach and University Boulevard
- Zoned Ccg-1
- Close Proximity to Retail and Amenities
- Easy Access to Freeways, I-95, Hart Expressway and I-295
- Sale Price: Call for Pricing
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