For Sale | Multi-Tenant Industrial Warehouse
2900-2912 Dawn Road, Jacksonville, FL
For Sale
Industrial
Warehouse
$3,892,608
Price
6.25%
Cap Rate
$243,288
NOI
Overview
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
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
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
Documents
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Offering Memorandum |