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MERRILL RD SHOPPING CENTER 5907 Merrill Rd 33,525 SF Retail Building Jacksonville, FL 32277 $3,900,000 ($116.33/SF)
Investment Highlights
- SELLER FINANCING TAILOR MADE ARRANGEMENT OAC
- OUTSTANDING LOCATION - CLOSE TO JU, 95, 295, DOWNTOWN, BEACHES, IN RENEW ARLINGTON DISTRICT; WHOLE AREA IS DRASTICALLY IMPROVING
- PERFECT FOR EITHER OWNER USER OR A PURE INVESTOR
- PERFECT COMBINATION OF HUGE UPSIDE WITH CURRENT EXISITING CASH FLOW
- LARGE LAND WITH LOTS OF PARKING AND STREET FRONTAGE. FUTURE DEVELOPMENT AND RE DEVELOPMENT OPPORTUNITIES AS WELL
- OPTION TO PURCHASE OUTPARCEL AS WELL
Executive Summary
SELLER FINANCING OPTION OAC
THIS IS PERFECT FOR OWNER OPERATOR OR TRUE INVESTOR WITH LONG TERM VISION
PROPERTY HAS VERY LARGE UPSIDE
EXISTING CASH FLOW WITH UPSIDE
SOME RECENT VACANCY ALLOWS AN OWNER OPERATOR TO OCCUPY OR AN INVESTOR TO VALUE ADD
GREAT DIVERSIFICATION WITH DIFFERENT VARIETY BUSINESSES AND MIX OF LARGE AND SMALLER SPACES
3 SEPERATE BUILDINGS. 1 LARGE, 1 SMALLER, AND 1 STAND ALONE RESTAURANT
ATT&T CELL TOWER
VERY GOOD FRONTAGE AND SIGNAGE ON BUSY MERRILL RD
LARGE PROPERTY/PARKING LOT
CONCRETE BLOCK BUILDINGS
WALKING DISTANCE TO JACKSONVILLE UNIVERSITY (JU)
CLOSE TO DOWNTOWN, BEACHES, TOWN CENTER, NEW REGENCY MALL REDEVELOPMENT
CLOSE TO 295 AND 95
RENEW ARLINGTON AREA PLANS FOR WHOLE AREA TO IMRPOVE WITH CITY HELP
THIS IS PERFECT FOR OWNER OPERATOR OR TRUE INVESTOR WITH LONG TERM VISION
PROPERTY HAS VERY LARGE UPSIDE
EXISTING CASH FLOW WITH UPSIDE
SOME RECENT VACANCY ALLOWS AN OWNER OPERATOR TO OCCUPY OR AN INVESTOR TO VALUE ADD
GREAT DIVERSIFICATION WITH DIFFERENT VARIETY BUSINESSES AND MIX OF LARGE AND SMALLER SPACES
3 SEPERATE BUILDINGS. 1 LARGE, 1 SMALLER, AND 1 STAND ALONE RESTAURANT
ATT&T CELL TOWER
VERY GOOD FRONTAGE AND SIGNAGE ON BUSY MERRILL RD
LARGE PROPERTY/PARKING LOT
CONCRETE BLOCK BUILDINGS
WALKING DISTANCE TO JACKSONVILLE UNIVERSITY (JU)
CLOSE TO DOWNTOWN, BEACHES, TOWN CENTER, NEW REGENCY MALL REDEVELOPMENT
CLOSE TO 295 AND 95
RENEW ARLINGTON AREA PLANS FOR WHOLE AREA TO IMRPOVE WITH CITY HELP
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
33,525 SF
Building Class
C
Year Built
1969
Price
$3,900,000
Price Per SF
$116.33
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
2.67 AC
Zoning
CCG-1 - General Commercial Community - 1
CCG-1
SHOPPING CENTER
MULTIPLE USES
Parking
10 Spaces (0.3 Spaces per 1,000 SF Leased)
Frontage
82’ on Merrill Rd
Amenities
- 24 Hour Access
- Dedicated Turn Lane
- Fenced Lot
- Freeway Visibility
- Pylon Sign
- Signage
- Monument Signage
- Air Conditioning
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 113223-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,078,455 |
Property Taxes
Parcel Number
113223-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,078,455
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
MERRILL RD SHOPPING CENTER | 5907 Merrill Rd