For Sale
$2,000,000

8209 Beaver St Jacksonville, FL 32220

High-Yield Multi-Tenant Investment

Overview

Added:
Dec 11, 2024
Days on market:
135
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

FAQs

What type of property is this?
Lifestyle center - High-Yield Multi-Tenant Investment
Where is the lifestyle center located?
The property is located at 8209 Beaver St Jacksonville, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: $2,000,000 asking price.; Multi-tenant retail property in Jacksonville, FL.; 100% occupancy with a 5.44% cap rate.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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8209 Beaver St
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