$729,000
2782 Park Street
Details
APN 078291-0000
Property Type Retail, Office
Sub Type Storefront, Creative Office
Square Footage 2,175
Units 5
Cap Rate 5.51%
NOI $40,200
Tenancy Single
Lease Type Modified
Lease Expiration 01/01/2028
Rent Bumps Yes
Class B
Year Built 1924
Lot Size (SqFt) 11,428
Zoning CCG-1 (High Flexibility)
Parking Spaces 5 spaces
Parking per 1,000 SqFt 2.30
Investment Type Stabilized
Lease Commencement 01/01/2026
Ground Lease No
Retail | 5.51% CAP | 2,175 SqFt
Marketing description
Rare Zoning Superiority CCG-1 Desirable Riverside/Avondale 62 Feet of Frontage on sought after PARK ST. Income Producing Lease expires Jan 2028. Don't Miss this Stabilized 1924 historic gem with a professional modern remodel. Secure a strong 5.5%+ yield in Jacksonville's most land-locked corridor while the "Stadium of the Future" and regional $5B+ developments drive long-term appreciation.
Investment highlights
- Stadium of the Future ($1.4B): Grand opening 2028 aligns with lease expiration for a perfect "Market Reset" window.
- Rare Zoning Superiority CCG-1 Desirable Riverside/Avondale 62 Feet of Frontage PARK STREET
- Gateway JAX & Downtown Surge: Massive luxury residential and retail delivery within 3 miles.
- San Marco Spillover: High demand in neighboring districts driving Riverside/Avondale valuations.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$40,200.00
$3,350.00/mo
Valuation Metrics
0
DSCR
5.51%
Cap Rate
5.51%
ROI
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