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The Plaza at Normandy 11341 Normandy Blvd

58,691 SF 100% Leased 4-Star Retail Building Jacksonville, FL 32221 £17,492,343 (£298/SF) 5.50% Net Initial Yield

Investment Highlights

  • Publix – a dominant grocer in the Southeast USA - anchors this center.
  • This is offered free and clear of financing.
  • Ideal location in the growing Normandy trade area.

Executive Summary

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.
Please visit www.plazaatnormandy-tscg.com for more information!

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
58,691 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2024
Price
£17,492,343
Price Per SF
£298
Net Initial Yield
5.50%
NOI
£962,079
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.10
Land Acres
13.78 AC
Zoning
GC - General Commercial

Links

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PROPERTY TAXES

Parcel Number 002076-0000 Improvements Assessment £0
Land Assessment £1,193,117 Total Assessment £1,193,117

PROPERTY TAXES

Parcel Number
002076-0000
Land Assessment
£1,193,117
Improvements Assessment
£0
Total Assessment
£1,193,117
(305) 262-8877 x1350

  • Listing ID: 33933073

  • Date on Market: 20/11/2024

  • Last Updated:

  • Address: 11341 Normandy Blvd, Jacksonville, FL 32221

The Retail Property at 11341 Normandy Blvd, Jacksonville, FL 32221 is currently available For Sale. Contact TSCG for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

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11341 Normandy Blvd, Jacksonville, FL for sale Primary Photo- Image 1 of 4
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11341 Normandy Blvd, Jacksonville, FL for sale Building Photo- Image 2 of 4
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© 2024 CoStar Group

The Plaza at Normandy | 11341 Normandy Blvd
(305) 262-8877 x 1350

The Plaza at Normandy | 11341 Normandy Blvd

Anthony Blanco

(305) 262-8877

x1350

(305) 262-8877 x1350

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