9978 Atlantic Blvd Jacksonville, FL 32225
High-NOI, Multi-Tenant Net Lease
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- 46,000 SF retail center with 100% occupancy, two corporate-guaranteed tenants (Northern Tool & JaxCo Furniture).
- $497,981 NOI; pro-forma NOI matches current NOI. Triple-net (NNN) lease; JaxCo Furniture rent increases 4% annually.
- Remaining lease term: ~4.6 years (expires 6/30/2029). Built 2008 & 1985; 5.67-acre lot, CCG-2 zoning.
- High-traffic location (70,000+ cars daily) on Atlantic Blvd; 186 parking spaces; prominent pylon signage.
- Strong demographics: 76,870 people within a 3-mile radius, average household income $53,568; 206,345 people within a 5-mile radius, average household income $62,348.
Property Details for 9978 Atlantic Blvd
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 46,000 SF
- Year Built
- 2008
- Lot Size (sq. ft)
- 246,985 SF
Location Insight
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Latitude
- 30.321474470765
- Longitude
- -81.540936455959
Nearby Similar for Sale
FAQs
- What type of property is this?
- Lifestyle center - High-NOI, Multi-Tenant Net Lease
- Where is the lifestyle center located?
- The property is located at 9978 Atlantic Blvd Jacksonville, FL.
- What are key features of this property?
- This property features: 46,000 SF retail center with 100% occupancy, two corporate-guaranteed tenants (Northern Tool & JaxCo Furniture).; $497,981 NOI; pro-forma NOI matches current NOI. Triple-net (NNN) lease; JaxCo Furniture rent increases 4% annually.; Remaining lease term: ~4.6 years (expires 6/30/2029). Built 2008 & 1985; 5.67-acre lot, CCG-2 zoning.
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