4210 Old Middleburg Rd - Storefront FOR SALE


Jacksonville, FL 32210
$1,825,000 USD
786-306-7259
4210 Old Middleburg Rd, Jacksonville, FL for Sale
$1,825,000 USD
Storefront - FOR SALE
1/13
null | 6.33% Cap Rate

4210 Old Middleburg Rd
Jacksonville, FL 32210


HIGHLIGHTS

  • NNN Credit Rated Tenant with Minimal Landlord Responsibilities
  • Constructed in 2018
  • S&P Credit Rating BBB
  • Replaceable Rent with Future Upside – Neighboring Daycare paying $27 Net PSF
  • 1.01 Acre Pac with 28 Parking Spaces (3.4 spaces Per 1k SF)
  • Located on Old Middleburg Road with over 15,000 Vehicles Per day- Large Pylon Sign

OVERVIEW

Marcus & Millichap is pleased to present for sale this Net Leased Family Dollar located at 4210 Old Middleburg Road N in Jacksonville, FL The subject property consists of a 8,320 SF free-standing building constructed in 2018 and is situated on a 1.1-acre parcel of land. Strategically located along Old Middleburg Road, the property benefits from great visibility and is exposed to traffic counts exceeding 15,000 vehicles per day, all of whom have a view of the large pylon sign. The Family Dollar Services the local community of over 12,500 people within a 1-mile radius. Additionally, there are 3 schools within a mile with over 2,700 student. Per Placer, the Family Dollar is ranked in the top 32% percentile across Florida. Adjacent to the Family Dollar, a new day care was recently constructed and is currently paying net rent of $27 per square foot which demonstrates the future upside for this location.

FOR SALE DETAILS

PRICE

$1,825,000 USD

PRICE/SF

$219 USD /SF

CAP RATE

6.33%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar - 2018 Construction

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

44,199 SF

ZONING

PUD

APN/PARCEL ID

013127-9440

ASK ABOUT THIS PROPERTY

Jonathan De La RosaMarcus & MillichapMore Info
786-306-7259

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Jonathan De La RosaMarcus & MillichapMore Info
786-306-7259

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