Listed by Colliers - Jacksonville, Florida
$1,000,000
Investment Property | 100% Leased Retail Shopping Center
Details
APN 6302-03-01-0013
Property Type Retail
Sub Type Shopping Center
Buildings 1
Stories 1
Lot Size (SqFt) 8,925
Zoning Commercial
Investment Property | 100% Leased Retail Shopping Center
Marketing description
2,352± SF shopping center which fronts Atlantic Avenue, the north/south artery for all Atlantic Ocean-front properties
One block from the ocean
3 blocks from Dunlawton Ave, which is the only Halifax River crossover to US 1 major retail and office developments for miles
Investment highlights
- 2,352± SF building on 8,925± SF of land
- Zoning: Commercial
- Parking spaces: 11
- Traffic count: 5,700 AADT
- Net Operating Income: $56,181
- Cap rate: 5.60%
- Parcel ID # 6302-03-01-0013
- Across the street from multiple high rise oceanfront condominiums
- Proximity to numerous national retailers
- 6 suites currently occupied by 2 tenants provides increased revenue potential, if subdivided
- Potential re-development for single tenant paying increased NOI
Listing Contacts
Listed by Colliers - Jacksonville, Florida
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