5428 Cleveland Rd, Jacksonville, FL for sale

Investment Overview

Prime Retail Investment Opportunity in Jacksonville, FL! This 10,774 SF building features 3 versatile units zoned CCG-1, providing a solid foundation for retail success. The property currently features two reliable tenants in place: a check-cashing business and a laundromat, with a new seafood restaurant moving in shortly. Once fully occupied, this asset features a stellar projected GROSS INCOME of $120K, NOI of $100K and a powerful 10% CAP RATE. Built in 1959, the sale includes all commercial-grade kitchen and grocery equipment, offering immediate value and immense growth potential in a thriving retail landscape. Don't miss this outstanding commercial investment.

Investment Highlights

• *10,774 SF retail building
• *THREE versatile units with TWO tenants currently in place and seafood restaurant going in shortly
• -current check cashing tenant
• -current laundromat tenant
• *Includes commercial-grade kitchen equipment
• *Includes commercial-grade grocery equipment
• *Full occupancy expected shortly