1330 Blanding Blvd - Storefront FOR SALE
Orange Park, FL 32065 |
$6,848,000 USD
305-395-6972
1330 Blanding Blvd
Orange Park, FL 32065
HIGHLIGHTS
- Passive Lease Structure: Knightboxx Village is a ±35,388 square foot, fully leased shopping center comprised of nine tenants.
- Walgreens Anchor Paying Below Market Rents: $13 PSF: The center is anchored by Walgreens, which occupies 13,905 square feet
- Strategic Location and High VPD & Visibility: Located on Blanding Boulevard, a high-volume commercial corridor in Orange Park, that sees a combined +5
- Attractive Financial Profile: Knightboxx Village offers strong in-place cash flow with a Year 1 net operating income of $479,344
- New Roof Add: Ownership recently completed the process of completely replacing the Strip Center roof (2025) & the Walgreens roof (2020)
- Near-Term Repositioning and Upside: The property has a weighted average lease term (WALT) of 1.9 years, creating near-term flexibility for lease renew
FOR SALE DETAILS
PRICE
$6,848,000 USD
PRICE/SF
$319 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2003
SPRINKLERS
-
PARKING SPACES
168
LAND DETAILS
LAND ACRES
2.48 AC
LAND SF
108,029 SF
ZONING
-
APN/PARCEL ID
28-04-25-008040-001-02
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305-395-6972
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305-395-6972
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