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Blanding Town Center 2 Retail Properties Offered at $12,210,000 in Jacksonville, FL
INVESTMENT HIGHLIGHTS
- Grocery-anchored, multi-tenant retail center totaling 83,069 SF
- E-commerce resistant tenants including grocery and medical
- Strong population and employment growth in Jacksonville MSA
- Prime West Jacksonville location with high visibility and traffic counts
- 95.29% occupancy with upside in vacant space and below-market rents
- Opportunity to capitalize on long-term rent growth and market appreciation
EXECUTIVE SUMMARY
Investment Opportunity: Blanding Town Center We are pleased to present the opportunity to acquire Blanding Town Center, located at 5014–5276 Blanding Boulevard, Jacksonville, FL 32210 (the “Property”). This two-building, multi-tenant, grocery-anchored neighborhood retail center totals approximately 83,069 square feet and represents a rare chance to acquire a stabilized retail asset in a high-barrier infill location with both immediate cash flow and long-term upside.
Prime, High-Tra?c Location The Property sits at the signalized corner of Blanding Blvd (26,500 AADT) and 103rd Street (28,000 AADT), two of Jacksonville’s most heavily tra?cked thoroughfares on the city’s West Side. The Property is also minutes from I-295, US-17, Naval Air Station Jacksonville, Cecil Airport, and Cecil Commerce Center, home to major employers including Amazon, Wayfair, Boeing, and Stellar Energy.
Prime, High-Tra?c Location The Property sits at the signalized corner of Blanding Blvd (26,500 AADT) and 103rd Street (28,000 AADT), two of Jacksonville’s most heavily tra?cked thoroughfares on the city’s West Side. The Property is also minutes from I-295, US-17, Naval Air Station Jacksonville, Cecil Airport, and Cecil Commerce Center, home to major employers including Amazon, Wayfair, Boeing, and Stellar Energy.
PROPERTY FACTS
| Price | $12,210,000 | Number of Properties | 2 |
| Price / SF | $126.28 / SF | Individually For Sale | 0 |
| Cap Rate | 7.25% | Total Building Size | 96,687 SF |
| Sale Type | Investment | Total Land Area | 22.45 AC |
| Status | Active |
| Price | $12,210,000 |
| Price / SF | $126.28 / SF |
| Cap Rate | 7.25% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 96,687 SF |
| Total Land Area | 22.45 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Blanding Town Center
5276 Blanding Blvd, Jacksonville, FL 32210 |
Retail | 54,731 SF | 1960 | - |
|
Blanding Town Center
5014-5324 Blanding Blvd, Jacksonville, FL 32210 |
Retail | 41,956 SF | 1960 | - |
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Blanding Town Center
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