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1855 Cassat Avenue - Cassat Center - Cassat Center, Jacksonville, FL

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DetailMap
1855 Cassat Avenue - Cassat Center - Cassat Center

Jacksonville, FL 32210-1634 - Riverside Submarket

(1.4 MB)

Property Type:Retail Sub Type:Storefront Status:Existing Year Built:2003
Building Size:34,916 SF Land Area:2.8 AC (121,968 SF)
% Leased:
For Sale Price:$3,200,000 Price/SF:$91.65
Cap Rate:8.00 %
Smallest Space:2,800 SF Largest Space:2,800 SF Total Space Avail:2,800 SF Rent/SF/Yr:
$12.00
Parking:Free Surface spaces are available; Ratio of 2.88/1,000 SF
Features:24 Hour Availability, Air Conditioning, Corner Lot, Dedicated Turn Lane, Fenced Lot, Pylon Sign, Signage, Center Mixed Use


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
2,800 SF
$12.00/SF/Yr
Vacant
Negotiable
Retail
 
10970344
Marketing Flyer Marketing Flyer  
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
2,800 SF
$12.00/SF/Yr
Vacant
Negotiable
Retail
CASSAT CENTER is a newly renovated mixed use property offering festive retail storefront and commercial, office/warehouse space for lease. Located directly on busy Cassat Avenue (Highway 111), it is situated just 2 miles South of the I-10/Cassat Avenue interchange. Just minutes from the expressway system serving Jacksonville, Cassat Center is convenient to the neighborhoods of Riverside, Avondale, Ortega and Cedar Hills.

Sale Notes:
Prime Realty is pleased to present Cassat Center, a newly renovated mixed use property offering festive retail storefront and commercial, office/ warehouse space. Cassat Center is a former rollerskating rink, repurposed into a trophy flex retail center in 2005 along one of Jacksonville's primary retail corridors. The property has eleven leaseable suites, with ten of the suites leased out by eight different tenants. Many of the tenants have a long-term rental history at the center through multiple lease renewals.

This stabilized asset offers investors steady cash flow with the potential to increase revenue through rental growth and by filling the vacant 2,800/SF suite. The property is located along one of Jacksonville's primary auto dealership roads, which attracts many consumers and other businesses.

Prime Realty, Inc.
Eric Bumgarner
(904) 647-2355

Joseph Turri
(904) 239-5250


Prime Realty, Inc.
Eric Bumgarner
(904) 647-2355

Joseph Turri
(904) 239-5250



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