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For Sale | Multi-Tenant Industrial Warehouse

$3,892,608

2900-2912 Dawn Road, Jacksonville, FL 32207

Pending
Last Updated: 06/30/2021

6.25

Cap Rate

243,288

NOI

Details:
Cap Rate:    6.25%
NOI:    $243,288
Building Size:    37,500 sqft
Lot Area:    2.88 acres
Lease Type:    Double Net
Year Built:    1968
Price Per Sqft:    $103.80
Highlights:
  • The Warehouse is Approximately 37,500 SF and Includes Two Different Tenants
  • Below Market Rents - Tenant Lease Rollover Provides For Value-Add Opportunity
  • Landlord Replaced Roof in 2009 With a 20 Year Warranty (PPO)
  • Located 5-Miles From Downtown Jacksonville, Which is the Historic Core and Central Business District of Jacksonville, Florida
  • Strategically Situated 1.5-Miles From Interstate 95 Which Sees Over 136,592 VPD
  • Less Than 25 Minutes From Florida State College - a Public State College Located in Downtown Jacksonville With Satellite Campuses Around the City
  • Excellent Demographics With a Population of 60,697 Residents Making an Average Household Income of $69,613 Within a 3-Mile Radius
  • Florida is an Income Tax Free State
  • Neighboring Tenants Include: Walmart Supercenter, Taco Bell, Wawa, Burger King, Dunkin', Publix, T. J . Maxx, Walgreens, LA Fitness, CVS Pharmacy, Wendy's, Dollar Tree, McDonald's, Little Caesars, Dollar General, Chick -fil-A, Winn-Dixie and More
Description:

Sands Investment Group is Pleased to Exclusively Offer For Sale the 37,500 SF Multi-Tenant Industrial Warehouse Located at 2900-2912 Dawn Road In Jacksonville, FL. With Two Strong Tenants and Below Market Rent, This Opportunity Provides For a Best-Of-Class Investment With Established Tenants in the Desirable Jacksonville Market.



In Cooperation With SIG RE Services, LLC
Lic. # CQ1055229

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