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Walgreens 5108 Norwood Ave 14,415 SF Retail Building Jacksonville, FL 32208 For Sale
Investment Highlights
- Opportunity to acquire a 14,415 s.f. freestanding former Walgreens site on 1.49 a.c. with a 4.5:1,000 SF parking ratio and two drive-thru lanes
- Sits on the SWC of the signalized Norwood Ave/44th St intersection (19,300 VPD)
- Adjacent to Interstate 95 (110,050 VPD) and conveniently located near both Exits 355 and 356B onto Norwood Ave
- Outparcel to the 700,000 SF Gateway Town Center (2M+ visits annually), anchored by Winn-Dixie, Burlington, Planet Fitness, Five Below, Hibbett + more
- Norwood Ave is the primary retail corridor connecting tenants to the many communities surrounding the thoroughfare
- Known as Jacksonville’s Urban Core, this historic district includes EverBank Stadium, VyStar Ballpark, Downtown Jacksonville as well as many suburbs
Executive Summary
Freestanding 1.49 A.C. on Norwood Ave. Retail Opportunity in Gateway Town Center. Opportunity to acquire or lease a 14,415-square-foot freestanding former Walgreens at 5108 Norwood Ave in Jacksonville’s Urban Core. This 1.49-acre outparcel to Gateway Town Center sits at the signalized Norwood Avenue and 44th Street intersection, offering 58 parking spaces and two drive-thru lanes. Gateway Town Center draws more than 2 million visitors annually with traffic anticipated to surge year-over-year per Placer.ai, attracting national tenants alongside anchors including Winn-Dixie, Burlington, Planet Fitness and so many others. The property delivers fantastic accessibility from both corridors, multiple access points and prime proximity to Interstate 95, EverBank Stadium and Downtown Jacksonville.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
14,415 SF
Building Class
B
Year Built
1996
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.49 AC
Opportunity Zone
Yes
Zoning
CCG1 - General Commercial Community - 1
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signalized Intersection
- Drive Thru
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 14,415 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 14,415 SF | Retail | - | Now |
1st Floor
| Size |
| 14,415 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 030023-0040 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,110,151 |
Property Taxes
Parcel Number
030023-0040
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,110,151
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