Jax Convenience Retail Portfolio
Closed6 Jacksonville Area Locations, Jacksonville, FL
Property type
Retail
Unit / Space count
6
Price
$86,300,000
Building size
216,743 sf
Rentable area
216,743 SF
Year built
Year renovated
Occupancy
Zoning code
Sold/status
Sold · Date unknown
Sale price
$86300000
Property description
Rare 6 Property Convenience Retail Portfolio: Located within the Booming Jacksonville Market Excellent Historical Occupancy: Centers are All 100% Occupied with a Waitlist of Tenants and Very Little Historical Downtime when a Tenant Leaves Complementary Big Box Anchors: Grocery, Soft Good Retailers, Home Improvement Strong Shop Tenant Rental Increases: Primarily Annual Bumps Affluent Submarkets: $100,000+ Household Incomes Ideal Site Layout: Attractive End Caps with Outdoor Dining Options and Drive Thrus Excellent Access: Most locations Include Lighted Entrances and Cross-Street Access Pro Business Markets: No State Income Tax in Florida
Property highlights
- Rare 6 Property Convenience Retail Portfolio: Located within the Booming Jacksonville Market
- Excellent Historical Occupancy: Centers are All 100% Occupied with a Waitlist of Tenants and Very Little Historical Downtime when a Tenant Leaves
- Complementary Big Box Anchors: Grocery, Soft Good Retailers, Home Improvement
- Strong Shop Tenant Rental Increases: Primarily Annual Bumps
- Affluent Submarkets: $100,000+ Household Incomes
- Ideal Site Layout: Attractive End Caps with Outdoor Dining Options and Drive Thrus
- Excellent Access: Most locations Include Lighted Entrances and Cross-Street Access
- Pro Business Markets: No State Income Tax in Florida