3000 Dunn AveJacksonville, FL 32218

Property Details for 3000 Dunn Ave

Year built

1988

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

30.81 AC

Property size (Sq ft)

15,750 SF

Zone code

CCG-1

Property type

Retail properties

Property subtype

Community centers

APN

020160-1000

APU

201601000

Description

This exceptional retail property, located at 3000 Dunn Ave in Jacksonville, Florida (Duval County, zip code 32218), offers a significant investment opportunity. The 219,733 square foot shopping center boasts a total of 24 suites, providing flexibility for a variety of retail tenants. Currently, there is 70,000 square feet of vacant space available, presenting a unique chance to establish a strong presence in a thriving market. The property allows for leases as small as 1,000 square feet, ideal for smaller businesses, while also accommodating larger tenants with contiguous spaces up to 70,000 square feet. This makes it suitable for a diverse range of retail concepts, from individual boutiques to larger anchor stores. The property's multiple tenancy structure ensures a vibrant and dynamic atmosphere, attracting a broad customer base. Its strategic location in Jacksonville, Florida, provides excellent visibility and accessibility, making it an attractive destination for shoppers. The property is classified as a commercial, leasehold shopping center. This prime retail space offers a compelling opportunity for growth and profitability in a dynamic market. Serious inquiries are encouraged to explore this exceptional investment opportunity further. Contact us today to learn more about lease terms and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $3,704,400

  6.5%

  $3,419,446

  7%

  $3,175,200

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,699,317

  Geo Method

  $2,699,317

• Alternative Use

  Use

  Valuation

  Residential

  $2,884,431

  Hospitality

  $2,642,123

  Educational

  $2,198,216

  Medical

  $2,273,816

  Retail

  $3,419,446

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.4363

Longitude

-81.6996

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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