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2011 Emerson St 2011 Emerson St 1,348 SF Retail Building Jacksonville, FL 32207 $575,000 ($426.56/SF) 8.35% Cap Rate
Investment Highlights
- New 5-year lease in place
- Signalized corner location with high traffic
- Cap rate: 8.35%
Executive Summary
Near-NNN lease structure with tenant responsible for maintenance, repairs, and insurance, providing stable cash flow with limited landlord responsibilities.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,348 SF
Building Class
C
Year Built/Renovated
1985/2022
Price
$575,000
Price Per SF
$426.56
Cap Rate
8.35%
NOI
$48,013
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.22 AC
Zoning
CCG-2 - Commercial Retail Sales and Service Establishments.
Parking
11 Spaces (8.85 Spaces per 1,000 SF Leased)
Frontage
113’ on St Augustine Rd
Amenities
- Dedicated Turn Lane
- Signalized Intersection
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Tunis Seafood Wings & Subs
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Tunis Seafood Wings & Subs | Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 126626-0000 | Improvements Assessment | $66,173 |
| Land Assessment | $146,927 | Total Assessment | $213,100 |
Property Taxes
Parcel Number
126626-0000
Land Assessment
$146,927
Improvements Assessment
$66,173
Total Assessment
$213,100
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