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For Sale

12025 Beach Boulevard, Jacksonville, FL for sale

12025 Beach Boulevard,
Jacksonville, FL 32246

Asset Snapshot

Full Service
Retail Subtype

Offering Summary

Investment Overview

NAI Hallmark, as exclusive advisor, is privileged to present the opportunity to acquire 12025 Beach Boulevard, Jacksonville, Florida 32246 (the “Property”). The Property consists of a single-story, multi-tenant retail strip center totaling 5,252 rentable square feet across six suites. The Property is situated on 0.56 acres of land and was built in 1953. The Property enjoys direct frontage and visibility on Beach Boulevard, which carries approximately 48,500 vehicles per day, with secondary access from Meadowbrook Boulevard at the rear of the site. The Property offers an opportunity to acquire a cash-flowing, small-suite retail asset in the heart of Jacksonville’s Southside corridor, immediately adjacent to the Florida State College at Jacksonville South Campus and within minutes of the St. Johns Town Center, the University of North Florida and Interstate 295.


Investment Highlights

  • DIRECT BEACH BOULEVARD FRONTAGE WITH IMMEDIATE ACCESS TO MAJOR ROADWAYS: The Property fronts directly on Beach Boulevard, one of Jacksonville’s primary east-west arteries, carrying approximately 48,500 vehicles per day. The site offers dual access with curb cuts on Beach Boulevard and rear access from Meadowbrook Boulevard, providing convenient ingress and egress for a small-suite service tenancy. Interstate 295 is approximately a mile and a half west, connecting the Property to the full Jacksonville MSA, while Kernan Boulevard sits approximately one mile east, linking Beach Boulevard to J. Turner Butler Boulevard, Atlantic Boulevard and the Intracoastal.
  • PRIME SOUTHSIDE LOCATION SURROUNDED BY DEMAND DRIVERS: The Property sits in one of Jacksonville’s most active retail and employment corridors. Florida State College at Jacksonville’s South Campus is immediately adjacent at 11901 Beach Boulevard, and the University of North Florida is under 3 miles away with access from Beach Boulevard and Kernan Boulevard. The St. Johns Town Center, Northeast Florida’s dominant regional shopping destination, is also within 3 miles, with additional daily-needs retail nearby including the Publix-anchored Kernan Square and a Walmart Supercenter on Beach Boulevard.
  • STRONG DEMOGRAPHICS AND TRADE AREA: The Property is supported by strong average household income; exceeding $100,000 from a one, three, and five-mile radius. The trade area is also growing: the five-mile population of 209,993 is projected to reach 218,367 by 2031, and median household income is forecast to grow 2.0% to 3.1% annually over the same period.
  • DIVERSE TENANT MIX WITH MINIMAL CONCENTRATION RISK: Six suites ranging from 462 to 1,400 square feet house an e-commerce-resistant mix of neighborhood service uses. No single tenant accounts for more than approximately 31% of in-place base rent, and the small-suite format keeps individual rollover exposure low while allowing an owner to mark rents to market on a rolling basis.
  • FAST GROWING MAJOR METRO IN FLORIDA WITH NO STATE INCOME TAX: This offering provides the opportunity to invest in the Jacksonville, FL MSA, which is benefiting from major population and employment growth. Jacksonville has consistently enjoyed some of the largest increases in net population inflow in the entire country for the past several years.

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$1,475,000
Asking Price

Investment Sales Broker

Caleb Noble, MSRE
NAI Hallmark

Market Insights