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1584 Normandy Village Pky

30,723 SF 100% Leased Retail Building Jacksonville, FL 32221 £3,586,591 (£116.74/SF) 7.38% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • 1584 Normandy Village Pkwy: 27,328 SF (fully leased medical office)
  • Zoning: CCG-1
  • $342,496.44 from the leased medical office at 1584 Normandy Village Pkwy.

EXECUTIVE SUMMARY

Franklin Street is exclusively offering the rare opportunity to acquire 1584 Normandy Village Parkway, a prime asset totaling 27,328 square feet in a high-growth Jacksonville submarket. This offering includes a fully leased 27,328-squarefoot medical office building with an annual NOI of $342,496.44. Located along busy Normandy Boulevard, the plaza benefits from high traffic, proximity to major retailers, and new residential developments. With easy access to I-295 and a thriving local economy, Normandy Village Plaza is perfectly positioned for both income generation and future growth.

ATTACHMENTS

1584_normandy_village_pkwy_om_compressed

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
30,723 SF
Building Class
C
Year Built
1988
Price
£3,586,591
Price Per SF
£116.74
Net Initial Yield
7.38%
NOI
£264,825
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.22
Lot Size
3.21 AC
Zoning
CCG-1 - Commercial Community/General
Parking
216 Spaces (6.5 Spaces per 1,000 SF Leased)
Frontage
595 ft on Normandy Village Parkway
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NEARBY MAJOR RETAILERS

7 Brew Coffee
Bank of America
Publix Super Markets
WW
Buddy's Home Furnishings
Waffle House
Sunbelt Rentals
VyStar Credit Union
Ameris Bank
121 Financial Credit Union

PROPERTY TAXES

Parcel Number 007628-3800 Improvements Assessment £1,602,726
Land Assessment £424,662 Total Assessment £2,027,388

PROPERTY TAXES

Parcel Number
007628-3800
Land Assessment
£424,662
Improvements Assessment
£1,602,726
Total Assessment
£2,027,388
(347) 679-1651

CONTACTS

  • Listing ID: 33445252

  • Date on Market: 08/10/2024

  • Last Updated:

  • Address: 1584 Normandy Village Pky, Jacksonville, FL 32221

The Normandy Manor Retail Property at 1584 Normandy Village Pky, Jacksonville, FL 32221 is currently available. Contact Franklin Street for more information.

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1584 Normandy Village Pky
(347) 679-1651 x

1584 Normandy Village Pky

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Giovanny Castano

(347) 679-1651

(347) 679-1651

Shaun Mayberry

(904) 219-9035

(904) 219-9035

Keith Wood

(813) 839-7300

(813) 839-7300

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