For Sale
$1,200,000

5951 Arlington ExpyJacksonville, FL 32211

Jacksonville Mixed-Use Property, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use property, located at 5951 Arlington Expressway in Jacksonville, Florida, presents a compelling investment opportunity. The 5,549 square foot property, built in 1965 and renovated in 1994, sits on a 0.96-acre lot and is zoned CCG2. Currently operating at 100% occupancy with a single tenant (Bug Out) under a Net Net lease expiring January 31, 2026, the property generates a strong NOI of $58,053, representing a 4.84% cap rate and a price per square foot of $216.26. The asking price is $1,200,000. The property consists of two, one-story buildings and features a fenced lot, providing excellent visibility and accessibility. The existing lease allows for termination by the landlord with proper notice by October 31, 2025, opening the door for potential redevelopment or renovation upon tenant departure. This prime location offers easy access to beach communities, the Southside, Arlington, and downtown Jacksonville, making it ideal for a variety of service businesses. The property's strong financials and strategic location make it an attractive investment for discerning buyers. The property is privately owned.

Property Details for 5951 Arlington Expy

Property type
Retail properties, Office properties
Square Feet
5,549 SF
Class
C
Year Built/Renovated
1965/1994
Buildings
2
Stories
1
Lot Size (sq. ft)
41,818 SF
Units
2

Location Insight

City
Jacksonville
County
Duval
State
Florida
Latitude
30.327958
Longitude
-81.5976107
5951 Arlington Expy, Jacksonville, Florida

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5951 Arlington Expy
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