For Sale
$7,500,000

8405 Beach BlvdJacksonville, FL 32216

1.18-acre commercial lot, excellent investment.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 1.18-acre commercial land parcel, located at 8405 Beach Blvd in Jacksonville, Florida (Duval County, zip code 32216), presents a unique investment opportunity. Currently zoned CCG-2, the property is being offered for sale with a leaseback option. The asking price is $7,500,000. The seller is offering a 20-year leaseback with a 10% rent increase every five years, providing a strong, predictable income stream. This translates to a 6% capitalization rate based on the current projections. The property is offered as a fee simple ownership. Lease options are available for potential buyers interested in alternative ownership structures. This prime location in Jacksonville offers significant potential for growth and return on investment. The sale includes the option for a business-only sale, eliminating the leaseback if preferred. This versatile property is ideal for investors seeking a secure, long-term investment with substantial upside potential. Detailed financial projections and lease terms are available upon request. Don't miss this opportunity to acquire a highly desirable commercial property in a thriving Jacksonville location.

Highlights

  • 1.18-acre commercial land parcel in Jacksonville, FL (Duval County, 32216), located at 8405 Beach Blvd.
  • Offered at $7,500,000 with fee simple ownership.
  • Currently zoned CCG-2.
  • 20-year leaseback option available with a 10% rent increase every five years, yielding a 6% capitalization rate.
  • Business-only sale option available (no leaseback).

Property Details for 8405 Beach Blvd

Property type
Land
Lot Size (sq. ft)
51,401 SF

Location Insight

City
Jacksonville
County
Duval
State
Florida
Latitude
30.288293653676
Longitude
-81.572856131097
8405 Beach Blvd, Jacksonville, Florida

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8405 Beach Blvd
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