Golden Oaks Roosevelt Shopping Center

Description:

Located at 5917 Roosevelt Blvd, Jacksonville, FL 32244, this shopping center presents a great investment opportunity. The property, built in 2005, spans 8,000 square feet of heated space with 9 units. Surrounded by a healthy mix of national and local businesses all located on Roosevelt Blvd, the center benefits from an impressive Average Annual Daily Traffic (AADT) of 39,500 vehicles.

This retail center is strategically located near established neighborhoods, the Timuquana Country Club, NAS Jacksonville, and the St. Johns River, attracting consistent foot traffic and commuter clientele. The property sits on a 0.83-acre lot, zoned CCG-2, making it suitable for a variety of commercial uses. Priced at $1,995,000,with 5 current tenants and 2 vacant units (3,111 SF) These tenants are in leases are of varying lengths so this property provides a unique opportunity for the new owner to renegotiate terms, attract longer term tenants, and increase NOI, and even divide up larger units to add more tenants to the mix.

Tenant mix comes from established businesses including nail salon, spa, vape shop, a tattoo studio, and more. This asset offers a secure and lucrative opportunity for investors looking to add a retail property in a part of Jacksonville with lots of growth potential.

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