For Sale
$2,000,000

8209 Beaver StJacksonville, FL 32220

High-Yield Multi-Tenant Investment

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional multi-tenant retail investment property, located at 8209 W Beaver St, Jacksonville, FL 32220, offers a compelling opportunity in a thriving market. The property, built in 2009, consists of a single building on a 0.43-acre lot and features two units with 100% occupancy. Currently generating a Net Operating Income (NOI) of $108,840, this investment boasts a 5.44% cap rate and an asking price of $2,000,000. The property is zoned PUD and benefits from long-term, triple-net (NNN) leases with multiple renewal options, minimizing landlord responsibilities and ensuring predictable income streams. The anchor tenant, Sage Dental, provides significant stability and prestige. Built-in annual rent increases guarantee consistent growth and a secure return on investment. This property presents a rare opportunity to acquire a high-performing, multi-tenant retail center with exceptional long-term potential in a desirable Jacksonville location. The property's strong financial performance, coupled with its prime location and stable tenancy, makes it an attractive addition to any diversified investment portfolio. This is a turnkey investment opportunity with minimal management requirements, offering a strong and stable income stream for years to come.

Highlights

  • $2,000,000 asking price.
  • Multi-tenant retail property in Jacksonville, FL.
  • 100% occupancy with a 5.44% cap rate.
  • $108,840 annual NOI.
  • Two units in a 2009-built building on a 0.43-acre lot.
  • Located at 8209 W Beaver St, Jacksonville, FL 32220.

Property Details for 8209 Beaver St

Property type
Lifestyle centers, Power centers
Year Built
2009
Buildings
1
Lot Size (sq. ft)
18,731 SF
Units
2

Location Insight

City
Jacksonville
County
Duval
State
Florida
Latitude
30.3227985
Longitude
-81.7876959
8209 Beaver St, Jacksonville, Florida

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8209 Beaver St
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