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Avenues North Center 9365 Philips Hwy 98,791 SF 100% Leased Retail Building Jacksonville, FL 32256 $14,425,000 ($146.02/SF) 7.50% Cap Rate
Executive Summary
Year 5 NOI: $1,395,577
Strong In-Place Cash Flow: $$1,081,641 NOI with a 7.50% cap rate
Affluent Trade Area: $106K+ average household income within 3 miles supporting long-term retail demand
100% Leased Asset: Stabilized occupancy with diversified tenancy and 59% national tenants
Near-Term Value-Add: Lease rollover creates upside with ~$115K+ below-market rent opportunity
Strong Traffic & Visibility: ±53,400 VPD combined intersection.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
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$9.99
-
Lorem Ipsum
- -
PRIME LOCATION 9365 Philips Highway at the Shad Road Intersection! On Jacksonville’s Southside at this very busy intersection Great road frontage & visibility Layaway, 50% down, balance due in 30 days on items $300 or more Dealer portal for real time sales No additional rent tax Liability insurance included Ample parking? 12,000 square feet Electrified booths, lighted showcases Alarm system Beautiful interior, only high end merchandise allowed, lovely presentations of exquisite antiques and the most popular collectibles and memorabilia Coffee station?? Showcases Locked & lighted 6x4, 3x4 and more Select prime front register counter showcases & displays Vendors with classy, upscale merchandise welcome (no “flea market” wares) Booths ??10 x 10 and larger premium spots available June 1 electricity in every booth Vendors with classy, upscale merchandise welcome (no “flea market” wares)?? Get your special items featured on our website, Facebook page, Instagram and in
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | $9.99 | Lorem Ipsum | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 159639-0050 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $8,404,228 |
Property Taxes
Contacts
-
Sean Glickman -
Chris Smith -
Laura Quintero -
Cushman & Wakefield of Florida, Inc.
