1050 8th - Freestanding FOR SALE


Jacksonville, FL 32206- East Jacksonville
$2,173,226 USD
352-332-0499
1050 8th, Jacksonville, FL for Sale
$2,173,226 USD
Freestanding - FOR SALE
1/5
null | 6.35% Cap Rate

1050 8th
Jacksonville, FL 32206
East Jacksonville


HIGHLIGHTS

  • Located in an area of revitalization and renewal, Corner site with Excellent Visibility
  • Downtown Jacksonville Historic Area, Near Jacksonville's Business Core
  • 173' of Frontage on E. 8th St. (3,400 AADT) and 323' of Frontage on Florida Ave. (1,900 AADT). Speed limit on both streets is 30 MPH.
  • Incredibe location with surrounding traffic generators including Jaxport, Vystar Veterans Memorial Arena, and TIAA Bank Field.
  • Jacksonville is on Forbes Best Places to Retire (2022) and many lists as one of the nations's (and Florida's) fastest growing places.
  • Population of 335,269 and 138,742 Households in a 7 Mile Radius

OVERVIEW

Introducing an exclusive opportunity in the heart of downtown Jacksonville, Florida, the Dollar General Property at 1050 East 8th Street presents a prime investment in a high-traffic area poised for growth. Featuring a single-tenant net lease with Dollar General, this property offers a solid NNN lease with an investment-grade corporate guarantee and a solid remaining lease term, approximately 12.5 years lease term remaining. Situated amid a backdrop of urban revitalization and development, this location is a rare find in downtown Jacksonville, surrounded by major attractions such as the VyStar Veterans Memorial Arena, Daily's Place, and TIAA Bank Field. With excellent visibility and access from E. 8th Street and Florida Avenue, the property boasts a strategic position in a bustling commercial area. Benefiting from a population of over 335,000 within a 7-mile radius and close proximity to major roadways, this investment opportunity promises a steady flow of customers and business potential. Don't miss out on this chance to own a versatile commercial property in a thriving market. Contact us for more information.

FOR SALE DETAILS

PRICE

$2,173,226 USD

PRICE/SF

$206 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

2.91 AC

LAND SF

126,762 SF

ZONING

C

APN/PARCEL ID

114028-0000

ASK ABOUT THIS PROPERTY

Amber Crawford, CCIMSwift Creek Realty & Investment CorporationMore Info
352-332-0499

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Amber Crawford, CCIMSwift Creek Realty & Investment CorporationMore Info
352-332-0499

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.