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Northern Tool/JaxCo Furniture Plaza 9978-10000 Atlantic Blvd

46,593 SF 100% Leased Retail Building Jacksonville, FL 32225 For Sale

Investment Highlights

  • Excellent 2-Tenant Co-Anchored Income Property Established & Successful History
  • Regional Retail and Commercial Hub Market Area
  • Very Strong Demographic Support - Densley Populated with Over 206,000 People within 5 Miles
  • High Traffic Location 70,000 Cars Daily
  • Major National Retailers and over 17 National Automobile Dealerships in all directions.
  • Excellent Ingress & Egress from 2 Entry Points

Executive Summary

2 - Tenant Northern Tool and JaxCo Furniture - Co-Anchored Income Property Located in Regency Regional Market and Retail Hub Area. Both Tenants have exercised their 5-Year Renewal Options in 2024 and Northern Tool has operated here since 2008 and JaxCo Furniture since 2018.
NOTE: OWNER WILL CONSIDER ALL REASONABLE MARKET CAP RATE OFFERS!

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
46,593 SF
Building Class
B
Year Built/Renovated
1985/2008
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Loading Docks
6 Exterior
Building FAR
0.19
Lot Size
5.66 AC
Zoning
CCG-2 - Commercial Community General - 2 Zoning provides for a wider variety of high intensity commercial and service uses.
Parking
186 Spaces (3.9 Spaces per 1,000 SF Leased)
Frontage
235 ft on Atlantic Boulevard

Amenities

  • Pylon Sign

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

JaxCo Furniture seeks to be a recognizable staple in the Jacksonville community not unlike the Church of Eleven22, the Jacksonville Jaguars, or Void Magazine. They are heavily involved in charity through local schools and education, providing mattresses and furniture to the under-served in our community. Their store holds gatherings on a regular basis to educate, inspire, and involve our community. Their prices are less than what their customers expect and their service is more than what they'd imagine. Their business is built on referrals and return customers by delivering unparalleled customer service to the residents of Northeast Florida. They are Jacksonville’s most trusted provider of quality home furnishings.

  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Northern Tool + Equipment is truly a multi-channel retailer offering a wide selection of products — from consumer goods to industrial and construction equipment — to do-it-yourselfers, contractors and professional shops via catalog, internet (northerntool.com), mobile and retail locations. Their headquarters are in Burnsville, MN, and they have warehouses in Savage, MN, Fort Mill, SC and Arlington, TX. They manufacture North Star, Power horse, and several other brands at their facilities in Faribault, MN and Ningbo, China. Northern Tool has a strong retail presence in the U.S. But the Northern Tool experience doesn't stop there. Add in their year-round catalog offerings, a website packed with over tools, curbside store pickup, nationwide delivery and a team standing by on the phone always ready to take your order — and the possibilities are endless.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000
Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000

Nearby Major Retailers

The Juicy Crab
Krystal
Bank of America
PNC Bank
Navy Federal Credit Union
Truist
Miller's Ale House
Steak ‘n Shake
Starbucks
China Max

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
163448-0000
Land Assessment
£2,877,335
Improvements Assessment
£13,818
Total Assessment
£2,891,153
  • Listing ID: 31364829

  • Date on Market: 29/03/2024

  • Last Updated:

  • Address: 9978-10000 Atlantic Blvd, Jacksonville, FL 32225

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