31-33 Arlington Rd S
Jacksonville, FL 32216
Harveys Supermarket Center · Retail Property For Sale

SRS Real Estate Partners, as exclusive broker, is pleased to offer for sale a Harveys Supermarket and the adjacent strip center located at 31-49 S Arlington Road in Jacksonville, Florida. The Property is stable at 100% occupancy with current tenant roster occupied by 82% regional retail line-up including Harveys Supermarket and Pinch A Penny. Southeastern Grocers just hosted its grand reopening of the store in early August, having rebranded from Winn-Dixie to its Harveys Supermarket concept – completed in conjunction with the remodeling of the store. The Property provides investors with an excellent opportunity to add value to the Center through the escalation of below market rents, as well as the future replacement of the existing 11,000 +/- SF church tenant with a credit retailer. Additionally, both roofs at the Property were replaced in January of 2017 with 20-year warranties, providing the next iteration of ownership with an asset that requires little to no capital responsibilities for the foreseeable future. Harveys Supermarket Center’s advantageous location along a major retail corridor provides a combines traffic count exceeding 49,300 VPD. The Property benefits from excellent visibility from Atlantic Blvd and S Arlington Rd with prominent signs on both roads. It is situated at a signalized intersection with multiple access points providing consumers easy access to the Property. Harveys Supermarket Center is located roughly six miles east of the heart of Downtown Jacksonville within the Jacksonville MSA. The City of Jacksonville, situated along the banks of the St. Johns River and north Florida’s Atlantic Coastline, is the largest city in the state of Florida, by population, and the largest city in the United States by land area. Located just south of the Georgia state line, Jacksonville is home to 1.5 million people. A major deep-water port, Jacksonville accommodates two US Navy installations and the Port of Jacksonville, which is Florida’s third-largest seaport. Additionally, major contributors to the local economy include services such as banking, insurance, healthcare and logistics. As with much of Florida, tourism is also important to the Jacksonville area, particularly related to the golf industry.