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The Plaza at Normandy

$21,330,000

11341 Normandy Boulevard, Jacksonville, FL 32221

Active
Last Updated: 01/13/2025

5.75

Cap Rate

58,691 sqft

Building Size

Details:
Cap Rate:    5.75%
Building Size:    58,691 sqft
Lot Area:    16.13 sqft
Occupancy:    100%
Class:    A
Year Built:    2024
Zoning:    Commercial
Highlights:
  • ​​​​​​​PUBLIX – DOMINANT GROCER IN THE SOUTHEAST U.S.
  • IDEAL LOCATION IN THE GROWING NORMANDY TRADE AREA
  • OFFERED FREE AND CLEAR OF FINANCING
Description:

TSCG, acting as exclusive agent on behalf of the Owner, is proud to offer for sale The Plaza at Normandy in Jacksonville, Florida (the “Property”). The Plaza at Normandy is a newly-developed class “A” retail center totaling 58,691 square feet (“SF”) of gross leasable area anchored by Publix Supermarkets, the dominant grocery chain in the Southeast. Publix occupies 46,791 square feet in their new prototype grocery store, which features a drive-thru pharmacy. Publix also leases an adjacent 2,100 SF space for a liquor store. Other tenants at The Plaza at Normandy include Xtreme Wings, Hair Cuttery, Nail Art Studio & Spa, UPS Store and AT&T Wireless. The Property is 100% leased and is being offered free of any financing.

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