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11744 Beach Blvd
Jacksonville, FL 32246
Millennium Business Center · Retail Property For Sale
Investment Highlights
- The Property is strategically located less than 0.5 mile from the intersection of Beach Blvd (SR 212) and Interstate 295, with 56,244 & 102,041 AADT.
- The Property has a strong and diversified tenant rent roll with ~5.11 years of Weighted Average Lease Term remaining.
- This offering provides the opportunity to invest in Jacksonville, Florida, which is benefiting from major population and employment growth.
- The Property is located in close proximity to campuses of the University of North Florida (17,000 students) and Florida State College of Jacksonville
- The Southside retail submarket experienced a 9.0% increase in rents over the past year, driving vacancy rates down to 2.7%.
Property Facts
Property Type
Building Size
35,200 SF
Building Class
B
Year Built
2000
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
2.13 AC
Zoning
IBP-2, Jacksonville - Industrial Business Park
Property Taxes
| Parcel Number | 165425-0800 | Improvements Assessment | $3,106,627 |
| Land Assessment | $3,343,473 | Total Assessment | $6,450,100 |
Property Taxes
Parcel Number
165425-0800
Land Assessment
$3,343,473
Improvements Assessment
$3,106,627
Total Assessment
$6,450,100
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