New Berlin Industrial
Industrial | 5.71% CAP | 6,730 SqFt
Marketing description
This 3.33 acre industrial outdoor storage (IOS) property is located in one of Jacksonville’s most established industrial corridor and is zoned IH (Industrial Heavy), allowing for a wide range of industrial uses. The site includes a functional 6,730 SF industrial building with 18'+ clear, providing flexibility for contractor, logistics, and equipment related operations.
The property is currently leased to two long term tenants under NNN lease structures, both of whom have occupied the site for over 15 years, combined generating ±$230,000 in annual Net Operating Income (NOI). The NNN structure provides stable in place income with limited landlord responsibilities.
Both leases are expected to expire within the next year, with no renewal options, offering investors the opportunity to reset rents or users to occupy the property for business purposes. This creates a compelling value add opportunity in a high demand, supply constrained IOS market and is also well suitable for owner users who have a need for this location and type of property .
Investment highlights
3.33 Acre Industrial Outdoor Storage Site
6,730 SF Functional Industrial Building
Two Long-Term Tenants (~15 Year Occupancy)
NNN Lease Structure
Near Term Lease Expiration (No Options)
IH Zoning Allowing multitude of Industrial Uses
Seller Financing Available
Location:
5 minutes to I-95
10 minutes to Jacksonville International Airport
15 minutes to Jacksonville Port (JAXPORT)
Established industrial corridor with strong logistics demand and limited IOS supply
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