7660 Gainesville Avenue offers investors the rare opportunity to acquire a well-maintained ±184,200 SF industrial facility on 14.4 acres in Jacksonville’s Northside submarket - a designated Opportunity Zone allowing for substantial long-term tax advantages. The property is offered at a low basis relative to replacement cost, with modern functionality and strong tenant credit anchoring its income profile.
Built in 1962 and expanded in 2008, the asset features 18-24' clear heights, a truck-friendly layout, and a secure fenced yard with gated access. Current occupancy stands at 81%, driven by Sleep Geekz occupying ±148,000 SF through 2032, alongside Westcott Towing, leaving ±35,000 SF of immediately leasable space for value-add upside. The site also includes ±1.5 acres of developable land, creating an additional future phase or outdoor storage opportunity.
Strategically positioned less than 1.5 miles from I-95 and 6 miles from Downtown Jacksonville, the property benefits from efficient access to I-295, I-10, JAX Port, and JAX International Airport - key demand drivers for industrial users. This asset provides investors with immediate cash flow, clear mark-to-market potential, and strong long-term growth in one of Florida’s most dynamic logistics markets.