5402 Philips Hwy
Jacksonville, FL 32207
Industrial Property For Sale

Marcus & Millichap is pleased to present United Rentals, an 18,850 square-foot build-to-suit facility consisting of two buildings on 4.7 acres located in Jacksonville, Florida. Originally on a twelve year lease, United Rentals exercised a five-year lease extension in February 2017 with three additional five year options to extend the lease. United Rentals is North America’s largest equipment rental company with more than 880 locations across the United States and Canada. The subject property has over 300 feet of direct frontage on Philips Highway which averages 24,000+ vehicles per day. The property is within a ten minute drive to the area’s major arteries including Interstate-95, Interstate-10, and Interstate-295. Jacksonville is the largest city by population in the state of Florida and the largest city by area in the United States. United Rentals is ideally situated near the heart of Downtown Jacksonville in a centralized location in relation to the metropolitan statistical area. In 2014, the population in a five-mile radius of the rental facility was 160,000+ which was a 10.59 percent increase since 2000.