407-443-3925
5108 Norwood Ave, Jacksonville, FL for Sale
Freestanding - FOR SALE
1/11
null | Request Cap Rate

NEW


5108 Norwood Ave
Jacksonville, FL 32208
Brentwood


HIGHLIGHTS

  • Opportunity to acquire a 14,415 s.f. freestanding former Walgreens site on 1.49 a.c. with a 4.5:1,000 SF parking ratio and two drive-thru lanes
  • Outparcel to the 700,000 SF Gateway Town Center (2M+ visits annually), anchored by Winn-Dixie, Burlington, Planet Fitness, Five Below, Hibbett + more
  • Sits on the SWC of the signalized Norwood Ave/44th St intersection (19,300 VPD)
  • Norwood Ave is the primary retail corridor connecting tenants to the many communities surrounding the thoroughfare
  • Adjacent to Interstate 95 (110,050 VPD) and conveniently located near both Exits 355 and 356B onto Norwood Ave
  • Known as Jacksonville’s Urban Core, this historic district includes EverBank Stadium, VyStar Ballpark, Downtown Jacksonville as well as many suburbs

OVERVIEW

Freestanding 1.49 A.C. on Norwood Ave. Retail Opportunity in Gateway Town Center. Opportunity to acquire or lease a 14,415-square-foot freestanding former Walgreens at 5108 Norwood Ave in Jacksonville’s Urban Core. This 1.49-acre outparcel to Gateway Town Center sits at the signalized Norwood Avenue and 44th Street intersection, offering 58 parking spaces and two drive-thru lanes. Gateway Town Center draws more than 2 million visitors annually with traffic anticipated to surge year-over-year per Placer.ai, attracting national tenants alongside anchors including Winn-Dixie, Burlington, Planet Fitness and so many others. The property delivers fantastic accessibility from both corridors, multiple access points and prime proximity to Interstate 95, EverBank Stadium and Downtown Jacksonville.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office, Medical, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.49 AC

LAND SF

64,904 SF

ZONING

CCG1

APN/PARCEL ID

030023-0040

ASK ABOUT THIS PROPERTY

407-443-3925

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407-443-3925

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