22 S 8th St - Freestanding FOR SALE
Fernandina Beach, FL 32034 |
22 S 8th St
Fernandina Beach, FL 32034
HIGHLIGHTS
- ~7.98% Cap Rate Achievable in Year 4 With Lease-Up and Future Rental Increases
- Seller Financing Available
- Value-Add Upside With +/- 5,570 SF Of Vacant Space
- The C-3 Central Business District Carries A Maximum Density Of 34 Dwelling Units/Acre, Allotting Substantial Further Development/Redevelopment On-site
- Adjoined by the Largest Private Parking Lot in Historic Fernandina Beach – 48 Spaces
- Excellent Visibility and Curb Appeal Fronting 8th St – AADT 12,500
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Grand Oaks Plaza | Seller Financing Available
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
16114
STORIES
1
YEAR BUILT
1954
SPRINKLERS
-
PARKING SPACES
48
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
00-00-31-1800-0045-0030
