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11200 San Jose Boulevard - Manarin I, Jacksonville, FL

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11200 San Jose Boulevard - Manarin I

Jacksonville, FL 32223-7229 - Mandarin Submarket

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1971
Building Size:9,257 SF Land Area:1.14 AC (49,658 SF)
For Sale Price:$6,346,252 Price/SF:$685.56
Cap Rate:6.35 %
Parking:15 Surface spaces are available; Ratio of 1.67/1,000 SF

Property Description: Free Standing Retail Building

Property Use Description: Free Standing Retail Building

Sale Notes:
Stan Johnson Company is pleased to exclusively offer for sale to qualified investors, the opportunity to purchase a 100% fee-simple interest in the three-tenant retail center located at 11200 San Jose Boulevard in Jacksonville, FL (the Property ). The Property is fully-leased by co-tenants Mattress Firm, Pei Wei Asian Diner and Vitamin Shoppe. Built in 2016, the Property is 9,257 square feet on 1.14 acres. Mattress Firm occupies 3,483 SF, Pei Wei occupies 3,085 SF and The Vitamin Shoppe occupies 2,689 SF. All leases are corporate and the roster offers exceptional diversification with highly sought after tenants in today' s retail marketplace.

The Property benefits from being across the street from Riverplace Shopping Center, a 256,890 square foot center anchored by Cost Plus World Market, Michaels, Petco, Sears Outlet, Staples, Stein Mart and TJ Maxx, as well as being less than 0.5 miles from Mandarin Corners shopping center, a Walmart anchored shopping center which provides excellent traffic from Jacksonville' s daytime workforce population. Additionally, the Property has exceptional trade area demographics that include over 111K residents and $87K+ average household income within a five mile radius.

Stan Johnson Company
Bradley Feller
(312) 240-0194

Isaiah Harf
(312) 777-2437

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