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The Plaza at Normandy 11341 Normandy Blvd 58,691 SF 100% Leased 4-Star Retail Building Jacksonville, FL 32221 $28,878,741 CAD ($492.05 CAD/SF) 6% Cap Rate
Investment Highlights
- Publix anchors the center, occupying a new prototype store with a drive-thru pharmacy.
- 100% leased to a diverse mix of high-performing national and regional tenants.
- Prime location within a rapidly growing trade area supported by ongoing residential and commercial development.
- Adjacent Publix liquor store enhances cross-shopping traffic and sales synergy.
- Exceptional access to I-10, I-295, and the First Coast Expressway, serving regional connectivity.
- Offered free and clear, delivering immediate stability and long-term upside potential.
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 Plaza at Normandy is a newly-developed class “A” retail center totaling 58,691 square feet 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.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
58,691 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2024
Price
$28,878,741 CAD
Price Per SF
$492.05 CAD
Cap Rate
6%
NOI
$1,732,747 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
13.78 AC
Zoning
GC - General Commercial
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 002076-0100 | Improvements Assessment | $7,983,528 CAD |
| Land Assessment | $5,662,080 CAD | Total Assessment | $13,645,608 CAD |
Property Taxes
Parcel Number
002076-0100
Land Assessment
$5,662,080 CAD
Improvements Assessment
$7,983,528 CAD
Total Assessment
$13,645,608 CAD
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The Plaza at Normandy | 11341 Normandy Blvd
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