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Investment Highlights

  • Located in an area of revitalization and renewal, Corner site with Excellent Visibility
  • 173' of Frontage on E. 8th St. (3,400 AADT) and 323' of Frontage on Florida Ave. (1,900 AADT). Speed limit on both streets is 30 MPH.
  • Jacksonville is on Forbes Best Places to Retire (2022) and many lists as one of the nations's (and Florida's) fastest growing places.
  • Downtown Jacksonville Historic Area, Near Jacksonville's Business Core
  • Incredibe location with surrounding traffic generators including Jaxport, Vystar Veterans Memorial Arena, and TIAA Bank Field.
  • Population of 335,269 and 138,742 Households in a 7 Mile Radius

Executive Summary

Introducing an exclusive opportunity in the heart of downtown Jacksonville, Florida, the Dollar General Property at 1050 East 8th Street presents a prime investment in a high-traffic area poised for growth. Featuring a single-tenant net lease with Dollar General, this property offers a solid NNN lease with an investment-grade corporate guarantee and a solid remaining lease term, approximately 12.5 years lease term remaining.
Situated amid a backdrop of urban revitalization and development, this location is a rare find in downtown Jacksonville, surrounded by major attractions such as the VyStar Veterans Memorial Arena, Daily's Place, and TIAA Bank Field. With excellent visibility and access from E. 8th Street and Florida Avenue, the property boasts a strategic position in a bustling commercial area.
Benefiting from a population of over 335,000 within a 7-mile radius and close proximity to major roadways, this investment opportunity promises a steady flow of customers and business potential. Don't miss out on this chance to own a versatile commercial property in a thriving market. Contact us for more information.

Attachments

Jax 8 OM 4.15.26

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,566 SF
Building Class
B
Year Built
2022
Price
$3,006,767 CAD
Price Per SF
$284.57 CAD
Cap Rate
6.35%
NOI
$190,930 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.91 AC
Opportunity Zone
Yes
Zoning
C
Parking
32 Spaces (3.03 Spaces per 1,000 SF Leased)

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • 10,566 SF
  • $18.07 CAD
  • Triple Net
  • Feb 2038

DG est fière d'être le magasin général de quartier d'America. Nous nous efforçons de rendre les achats faciles et abordables grâce à des magasins pratiques et faciles à acheter partout aux États-Unis. Les magasins DG offrent tous les jours à bas prix des articles, notamment de la nourriture, des collations, des produits de santé et de beauté, des produits de nettoyage, des vêtements de base, des articles ménagers, des articles saisonniers, des produits en papier et bien plus encore des marques et produits les plus fiables des États-Unis, ainsi que des marques privées de haute qualité. Depuis la fondation de l'entreprise en 1939, Dollar General s'est engagé à servir ses clients avec valeur et commodité, en offrant des possibilités de carrière à ses employés ou en servant les communautés qu'ils considèrent comme leur maison par le biais de l'alphabétisation et de l'éducation.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer 10,566 SF $18.07 CAD Triple Net Feb 2038
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

VyStar Credit Union
Krystal
Snap Fitness 24/7

Property Taxes

Property Taxes

Parcel Number
114028-0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$28,588 CAD
  • Listing ID: 40758168

  • Date on Market: 2026-06-02

  • Last Updated:

  • Address: 1050 8th, Jacksonville, FL 32206

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