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8451 Western Way
Jacksonville, FL 32256
Industrial Property For Sale
Investment Highlights
- Centrally located just south of the intersection of I-95 and Baymeadows Road with over 85,000 average daily vehicle trips.
- High Average Weighted Lease Term Remaining: The average weighted remaining lease term is 8.08 years (as of 05/01/20).
- Leases are structured as NNN and modified gross with limited landlord responsibilities. In addition, significant capital has been invested in building
- The submarket has strong and improving demographics with a population of 505,334 and average household income of $79,281, within a 5-mile radius of th
- There is a limited availability of industrial property in this submarket. Current submarket vacancy stands at below 4% and rent growth (YOY) is almost
Property Facts
| Property Type | Industrial | Year Built/Renovated | 1968/2014 |
| Property Subtype | Warehouse | Parking Ratio | 1.22/1,000 SF |
| Building Class | C | Clear Ceiling Height | 26’6” |
| Lot Size | 20.72 AC | No. Dock-High Doors/Loading | 43 |
| Rentable Building Area | 289,850 SF | No. Drive In / Grade-Level Doors | 4 |
| No. Stories | 1 | ||
| Zoning | IL, County | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 20.72 AC |
| Rentable Building Area | 289,850 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1968/2014 |
| Parking Ratio | 1.22/1,000 SF |
| Clear Ceiling Height | 26’6” |
| No. Dock-High Doors/Loading | 43 |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | IL, County |
Amenities
- Bus Ducts
- Fenced Lot
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Property Taxes
| Parcel Number | 152741-0060 | Improvements Assessment | $11,393,019 |
| Land Assessment | $11,648,881 | Total Assessment | $23,041,900 |
Property Taxes
Parcel Number
152741-0060
Land Assessment
$11,648,881
Improvements Assessment
$11,393,019
Total Assessment
$23,041,900
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