Blanding Town Center Retail FOR SALE


Jacksonville, FL - Cedar Hills
$12,210,000 USD
904-302-6930
, Jacksonville, FL for Sale
$12,210,000 USD
Retail - FOR SALE
1/10
null | 7.25% Cap Rate

Blanding Town Center
Jacksonville, FL
Cedar Hills


HIGHLIGHTS

  • Grocery-anchored, multi-tenant retail center totaling 83,069 SF
  • Prime West Jacksonville location with high visibility and traffic counts
  • E-commerce resistant tenants including grocery and medical
  • 95.29% occupancy with upside in vacant space and below-market rents
  • Strong population and employment growth in Jacksonville MSA
  • Opportunity to capitalize on long-term rent growth and market appreciation

OVERVIEW

Investment Opportunity: Blanding Town Center We are pleased to present the opportunity to acquire Blanding Town Center, located at 5014–5276 Blanding Boulevard, Jacksonville, FL 32210 (the “Property”). This two-building, multi-tenant, grocery-anchored neighborhood retail center totals approximately 83,069 square feet and represents a rare chance to acquire a stabilized retail asset in a high-barrier infill location with both immediate cash flow and long-term upside. Prime, High-Tra?c Location The Property sits at the signalized corner of Blanding Blvd (26,500 AADT) and 103rd Street (28,000 AADT), two of Jacksonville’s most heavily tra?cked thoroughfares on the city’s West Side. The Property is also minutes from I-295, US-17, Naval Air Station Jacksonville, Cecil Airport, and Cecil Commerce Center, home to major employers including Amazon, Wayfair, Boeing, and Stellar Energy.

ASK ABOUT THIS PROPERTY

Kayla DeguzmanCantrell & Morgan IncMore Info
904-302-6930

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Kayla DeguzmanCantrell & Morgan IncMore Info
904-302-6930

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