8051 Bayberry Rd - Warehouse FOR SALE


Jacksonville, FL 32256- Deerwood Center
$9,500,000 USD
904-664-6831
8051 Bayberry Rd, Jacksonville, FL for Sale
$9,500,000 USD
Warehouse - FOR SALE
1/1
null | 5.55% Cap Rate

8051 Bayberry Rd
Jacksonville, FL 32256
Deerwood Center


HIGHLIGHTS

  • Institutional-Grade Credit Tenant – Elliott Electric Supply: Nationally recognized electrical distributor with 300+ locations across 14 states
  • Strong In-Place Cashflow with Visible NOI Growth: 2026 NOI $527,288 grows to $605,075 in 2031
  • Attractive Yield and Exit Dynamics: Offered at $9.5 million, the investment provides a 5.55% going-in cap rate trending to 6.4% on 2031
  • Fully Upgraded, Low-CapEx Asset: Recent capital improvements—resealed and striped parking lot, new fire-suppression system and more
  • Prime Southside Jacksonville Location: Situated in the highly sought-after Butler Boulevard / Southside industrial corridor

OVERVIEW

8051 Bayberry Road is the kind of industrial asset every investor wants but few ever secure — modernized facility, corporate credit, and prime positioning in Jacksonville’s booming Butler Southside logistics corridor. Anchored by Elliott Electric Supply, a nationally recognized distributor with a long-term corporate lease, the property delivers durable income, built-in rent growth, and minimal capital exposure. Recent upgrades and a tightening industrial market amplify its appeal, offering a rare opportunity to own a turnkey, inflation-resistant asset in one of Florida’s most competitive industrial submarkets. In a market short on quality product, this is the building that investors chase — and the one that performs. Institutional-Grade Credit Tenant – Elliott Electric Supply: Nationally recognized electrical distributor with 300+ locations across 14 states, providing a corporate-guaranteed lease and exceptional payment reliability Strong In-Place Cash Flow with Visible NOI Growth: 2026 NOI $527,288 grows to $605,075 in 2031, driven by 3.5 % annual rent escalations; delivering predictable income growth and a natural hedge against inflation Attractive Yield and Exit Dynamics: Offered at $9.5 million, the investment provides a 5.55% going-in cap rate, trending toward a 6.4 % yield on Year-7 NOI, supporting a compelling discounted cash flow return profile. *** Broker of Record Kyle Matthews License # CQ1066435 (FL) Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$9,500,000 USD

PRICE/SF

$237 USD /SF

CAP RATE

5.55%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Elliott Electric Supply

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

UTILITIES

Gas - Natural, Water - City, Sewer - City

CLEAR CEILING HT

24 Ft

DOCKS

4

DRIVE INS

1

PARKING SPACES

77

LAND DETAILS

LAND ACRES

2.15

LAND SF

93,654

ZONING

IBP

APN/PARCEL ID

152612-0090

ASK ABOUT THIS PROPERTY

Mike SalikMatthews Real Estate Investment ServicesMore Info
904-664-6831

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Mike SalikMatthews Real Estate Investment ServicesMore Info
904-664-6831

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