221K SF 51% Occupied Shopping Center

  • $15,200,000
  • Property Type:
  • Beds: $15,200,000
  • Baths: 10.0% Proj
  • Sq Ft: 220,938 SF

221K SF 51% Occupied Shopping Center

221K SF 51% OCCUPIED SHOPPING CENTER
Jacksonville MSA, FL

PRICE $15,200,000
GLA 220,938 SF
PROPERTY TYPE Shopping Center
CAP RATE 10% Projected
OCCUPANCY 51%
YEAR BUILT 1988
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OFFERING MEMORANDUM
FLYER

MARKETING
marketing@biltcommercial.com
(516) 684-9003
DEMOGRAPHICS
 Population           949,961
 Per Capita Inc      $30,906
 Median HH Inc    $55,531
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INVESTMENT HIGHLIGHTS

  • Value add shopping center – Potential 10% plus cap rate upon stabilization
  • Strong line up of national and regional tenants
  • Located in a dominant retail corridor with easy access from the Highway
  • Leasing momentum with several new leases
  • Under market rents

Price:$15,200,000
City:Jacksonville MSA
State:FL
Square Feet:220,938 SF
Price:$15,200,000
Cap Rate:10.0% Proj

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