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33959521
33959520

450 Busch Dr, Jacksonville, FL 32218

TP
FL SL3512409
SVR Commercial LLC Ponte Vedra Beach
LD
FL SL3505175
SVR Commercial LLC Ponte Vedra Beach
JT
FL BK3122117, NY 30TE0892302
SVR Commercial LLC Ponte Vedra Beach
Listed by SVR Commercial LLC Ponte Vedra Beach
$2,000,000
2 days on market
Updated 2 days ago

450 BUSCH DR

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 14,341
Units 7
Cap Rate 6.50%
NOI $131,678
Occupancy 100%
Tenancy Multi
Lease Type NN+
Pro-Forma Cap Rate 10.37%
Pro-Forma NOI $207,497
Price per SqFt $139
Year Built 1989
Year Renovated 2004
Acreage 2.250
Zoning CCG-1
Investment Type Value Add
Ground Lease No

Retail | 6.50% CAP | 14,341 SqFt

Marketing description

SVR Commercial LLC as exclusive advisor is privileged to present a value-add retail investment opportunity at 450 Busch Drive in Jacksonville, Florida. This asset offers immediate cash flow with significant upside through lease optimization, rent growth, and strategic repositioning.

Investors can enhance returns by increasing below-market rents, renewing existing tenants at market rates, and improving the center. Additionally, planned property enhancements are expected to drive higher rental revenue and overall asset value. Given the site's visibility and accessibility, the property is well-positioned for long-term appreciation and income growth.

The Property is an easy commute for Jacksonville residents. It is also conveniently located approximately a mile down the road from the Orange Park Mall, and within the retail district that includes many nearby retailers, such as, Amazon, Publix, Sam's Club, Starbucks, Bank of America, United States Postal Service, and many more. This shopping center also has excellent ingress/egress due to easy access to I-95 via Busch Drive or North Main St in the Northside Jacksonville Corridor.

Investment highlights

  • Stable income with upside potential
  • Value-add opportunity through lease-up and rent growth
  • Strong Jacksonville market fundamentals
  • Strong visibility and accessibility
  • Potential for significant NOI expansion and cap rate compression

Listing Contacts

TP
FL SL3512409
SVR Commercial LLC Ponte Vedra Beach
LD
FL SL3505175
SVR Commercial LLC Ponte Vedra Beach
JT
FL BK3122117, NY 30TE0892302
SVR Commercial LLC Ponte Vedra Beach
Listed by SVR Commercial LLC Ponte Vedra Beach

Valuation Calculator

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$131,678.00
$10,973.17/mo

Valuation Metrics

0
DSCR
6.58%
Cap Rate
6.58%
ROI

Map

Zoning

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CCG-1 CommercialGeneral CommercialCommercial Community General 1
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Tyler Powell
License
SL3512409
Brokerage
Tyler Powell
Title
Commercial Broker
Brokerage Address
100 Fairway Park Boulevard
Name
Lenny DeGirolmo
License
SL3505175
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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