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34372466
34372465

10051 Skinner Lake Drive, Jacksonville, FL 32246 For Sale

MT
FL BK3217284
STNL
JP
FL SL3644633
STNL
NW
FL SL3477920
STNL
Listed by STNL
$5,545,000
2 days on market
Updated 2 days ago

INSA Cannabis Dispensary

Details
APN 167727 0855
Property Type Retail
Sub Type Pharmacy/Drug
Square Footage 13,910
Net Rentable (SqFt) 13,910
Units 1
Cap Rate 7.00%
NOI $388,323
Occupancy 100%
Tenancy Single
Brand/Tenant INSA cannabis
Lease Type NNN
Lease Term 10
Lease Expiration 09/30/2032
Remaining Term 6.2
Rent Bumps Yes
Lease Options 2, 5-year options
Year Built 1997
Year Renovated 2022
Stories 2
Acreage 1.170
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 10/01/2022
Ground Lease No

Located at largest shopping center in NE Fla. | 120K VPD | 263K Daytime Population

Marketing description

STNL.com is pleased to present this 100% fee simple single tenant INSA cannabis dispensary in Jacksonville, FL. Three reasons to own this property include:

1. St. Johns Town Center: Your INSA is strategically positioned within the highly sought-after St. Johns Town Center, Northeast Florida’s premier open-air retail destination which draws over 20 million annual visitors. Encompassing more than 2 million square feet of retail space and home to 175+ national, regional, and luxury retailers, the corridor serves as Jacksonville’s dominant shopping, dining, and entertainment hub.

2. 120,000+ Vehicles Per Day: Located approximately 0.2 miles from J. Turner Butler Boulevard (JTB), one of Jacksonville’s primary east-west transportation corridors, which carries more than 120,000 vehicles per day. This strategic location provides convenient regional access and benefits from significant daily commuter traffic, supporting strong customer accessibility from throughout the greater Jacksonville market.

3. Daytime Population: A daytime population of more than 263,000 people within a five-mile radius, driven by one of Northeast Florida’s largest employment hubs. The surrounding trade area features over 23.5 million square feet of Class A office space supporting more than 227,000 regional employees, creating consistent weekday traffic and a deep customer base for retailers and service-oriented businesses throughout the day.

Investment highlights

St. Johns Town Center: Strategically positioned within Northeast Florida's premier retail destination, featuring 175+ retailers, over 2 million square feet of retail space, and attracting more than 20 million annual visitors.

120,000+ Vehicles Per Day: Located just 0.2 miles from J. Turner Butler Boulevard (JTB), one of Jacksonville's primary commuter corridors, with traffic counts exceeding 120,000 vehicles per day.

263,000+ Daytime Population: Supported by more than 263,000 daytime residents within five miles, driven by 23.5 million square feet of Class A office space and over 227,000 regional employees.

Listing Contacts

MT
FL BK3217284
STNL
JP
FL SL3644633
STNL
NW
FL SL3477920
STNL
Listed by STNL

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$388,323.00
$32,360.25/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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Additional Information

Name
Mark Thompson
License
BK3217284
Brokerage Phone
689.666.9560
Name
Justin Presley
License
SL3644633
Brokerage Phone
6896669537
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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