4186 University Blvd - Convenience Store FOR SALE


Jacksonville, FL 32216- Southside
$1,700,000 USD
513-505-1677
4186 University Blvd, Jacksonville, FL for Sale
$1,700,000 USD
Convenience Store - FOR SALE
1/1
null | Request Cap Rate

Jan '29


4186 University Blvd
Jacksonville, FL 32216
Southside


HIGHLIGHTS

  • Minimal Landlord Responsibility. The Property is leased Absolutely NNN.
  • High Traffic Retail Corridor. Fronted on University Blvd (32,000 VPD).
  • Densely Populated. Population of over 86,000 within a 3-mile radius.
  • Recent Renovations. The Tenant recently invested $300,000 in extensive interior upgrades, including the kitchen, grocery store, and restrooms.
  • Stable Income with Significant Upside. Producing $74,160 in income and 3% annual escalations for the remaining term.

OVERVIEW

Prime Realty is proud to present, For Sale, this approximately 5,996 SF property on 0.66 acres of land. Fronted on University Blvd (32,000 VPD) this Free Standing retail building is leased, absolutely NNN to Tienda Mi Rancho, a successful Hispanic Grocer and full service restaurant. The Tenant recently invested $300,000 in extensive interior upgrades, including the kitchen, retail space, and restrooms. With 3.5 years of term left at below market rents and no renewal options, this is the perfect opportunity for an investor seeking to bring the rent up to market or an Owner-User looking to collect inform for the remaining term.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$284 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

CCG-1

APN/PARCEL ID

137119-0020

ASK ABOUT THIS PROPERTY

Nick CarcieriPrime Realty, Inc.More Info
513-505-1677

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

Nick CarcieriPrime Realty, Inc.More Info
513-505-1677

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