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450 BUSCH Dr
Jacksonville, FL 32218
Busch Plaza · Retail Property For Sale
Investment Highlights
- Located just off I-95 with convenient access to major transportation routes and regional connectivity.
- Stable existing income with significant upside potential through lease-up and rent growth.
- Ample lot size allowing for property enhancements and long-term investment flexibility.
- Surrounded by leading retailers such as Amazon, Sam’s Club, Starbucks, Publix, and Bank of America.
- Positioned within a growing Jacksonville submarket with strong economic indicators.
Executive Summary
450 Busch Drive presents a compelling retail investment opportunity in the growing Northside Jacksonville corridor. Positioned just minutes from Orange Park Mall and in proximity to major retailers including Amazon, Publix, Starbucks, and Sam’s Club, the property benefits from outstanding traffic generators and consumer draw. Easy ingress and egress to I-95 via Busch Drive or North Main Street ensures excellent accessibility for both customers and tenants.
The property is currently anchored by stable tenants, producing consistent income with upside through lease optimization and rent growth. Offering a diverse mix of service-oriented businesses in a high-demand area, this center provides immediate cash flow alongside significant long-term appreciation potential. Its location within a thriving commercial hub combined with North Jacksonville’s favorable fundamentals makes it an attractive acquisition for investors seeking value-add opportunities.
The property is currently anchored by stable tenants, producing consistent income with upside through lease optimization and rent growth. Offering a diverse mix of service-oriented businesses in a high-demand area, this center provides immediate cash flow alongside significant long-term appreciation potential. Its location within a thriving commercial hub combined with North Jacksonville’s favorable fundamentals makes it an attractive acquisition for investors seeking value-add opportunities.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,341 SF
Building Class
C
Year Built/Renovated
1989/1992
Price
$2,000,000
Price Per SF
$139.46
Cap Rate
6.50%
NOI
$130,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
2.22 AC
Zoning
CCG-1 - neighborhood commercial zoning classification predominantly used in Jacksonville, FL
Parking
50 Spaces (2.86 Spaces per 1,000 SF Leased)
Frontage
172’ on Busch Dr
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 044279-0520 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,105,521 |
Property Taxes
Parcel Number
044279-0520
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,105,521
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