5907 Merrill Rd - Freestanding FOR SALE


Jacksonville, FL 32277- Arlington Manor
$3,900,000 USD
904-721-1212
5907 Merrill Rd, Jacksonville, FL for Sale
$3,900,000 USD
Freestanding - FOR SALE
1/3
null | Request Cap Rate

NEW


5907 Merrill Rd
Jacksonville, FL 32277
Arlington Manor


HIGHLIGHTS

  • SELLER FINANCING TAILOR MADE ARRANGEMENT OAC
  • PERFECT COMBINATION OF HUGE UPSIDE WITH CURRENT EXISITING CASH FLOW
  • OUTSTANDING LOCATION - CLOSE TO JU, 95, 295, DOWNTOWN, BEACHES, IN RENEW ARLINGTON DISTRICT; WHOLE AREA IS DRASTICALLY IMPROVING
  • LARGE LAND WITH LOTS OF PARKING AND STREET FRONTAGE. FUTURE DEVELOPMENT AND RE DEVELOPMENT OPPORTUNITIES AS WELL
  • PERFECT FOR EITHER OWNER USER OR A PURE INVESTOR
  • OPTION TO PURCHASE OUTPARCEL AS WELL

OVERVIEW

SELLER FINANCING OPTION OAC THIS IS PERFECT FOR OWNER OPERATOR OR TRUE INVESTOR WITH LONG TERM VISION PROPERTY HAS VERY LARGE UPSIDE EXISTING CASH FLOW WITH UPSIDE SOME RECENT VACANCY ALLOWS AN OWNER OPERATOR TO OCCUPY OR AN INVESTOR TO VALUE ADD GREAT DIVERSIFICATION WITH DIFFERENT VARIETY BUSINESSES AND MIX OF LARGE AND SMALLER SPACES 3 SEPERATE BUILDINGS. 1 LARGE, 1 SMALLER, AND 1 STAND ALONE RESTAURANT ATT&T CELL TOWER VERY GOOD FRONTAGE AND SIGNAGE ON BUSY MERRILL RD LARGE PROPERTY/PARKING LOT CONCRETE BLOCK BUILDINGS WALKING DISTANCE TO JACKSONVILLE UNIVERSITY (JU) CLOSE TO DOWNTOWN, BEACHES, TOWN CENTER, NEW REGENCY MALL REDEVELOPMENT CLOSE TO 295 AND 95 RENEW ARLINGTON AREA PLANS FOR WHOLE AREA TO IMRPOVE WITH CITY HELP

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$116 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

MERRILL RD SHOPPING CENTER

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office, Medical, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

CROSS STREETS

Merrill Rd & Cesery Blvd

LAND ACRES

2.67 AC

LAND SF

116,305 SF

ZONING

CCG-1

APN/PARCEL ID

113223-0000

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904-721-1212

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Raj ModyRaj ModyMore Info
904-721-1212

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