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Penman Plaza 1209-1227 Atlantic Blvd 22,284 SF of Retail Space Available in Neptune Beach, FL 32266
SUBLEASE HIGHLIGHTS
- Premier location on Atlantic Boulevard with 37,500 AADT
- Strong co-tenancy with Aldi, Ace Hardware, and Tire Kingdom
- Excellent visibility and access at a signalized intersection
- Situated in affluent beachside communities near Jacksonville
- High-income trade area with household incomes near $150K
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 22,284 SF | 17’4” - 21’5” | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
22,284 SF anchor box available for sublease Located at the signalized intersection of Atlantic Blvd and Penman Rd in Neptune Beach Co-tenants include Aldi, Ace Hardware, Tire Kingdom, Vystar Credit Union and What-A-Burger Situated adjacent to the affluent beachside communities of Jacksonville with Average Household Incomes of ~$150K within a 1 mi radius Traffic Counts: Atlantic Blvd - 37,500 AADT; Penman Rd -6,100 AADT
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Central Air Conditioning
- High Ceilings
- Finished Ceilings: 17’4” - 21’5”
- Penman Plaza on Atlantic Blvd.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT PENMAN PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Art Of Jem
- Salon/Barber/Spa
- 1
- -
- Color Boxx Hair Studio
- Salon/Barber/Spa
- 1
- -
- My Salon Suite
- Salon/Barber/Spa
- 405
- International
- Queen D Wax
- Salon/Barber/Spa
- 1
- -
- Sally Brewster Salon Services Neptune Beach
- Salon/Barber/Spa
- 1
- -
- Winn-Dixie
- Other Retail
- 513
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Art Of Jem | Salon/Barber/Spa | 1 | - |
| Color Boxx Hair Studio | Salon/Barber/Spa | 1 | - |
| My Salon Suite | Salon/Barber/Spa | 405 | International |
| Queen D Wax | Salon/Barber/Spa | 1 | - |
| Sally Brewster Salon Services Neptune Beach | Salon/Barber/Spa | 1 | - |
| Winn-Dixie | Other Retail | 513 | National |
PROPERTY FACTS
| Total Space Available | 22,284 SF | Total Land Area | 8.45 AC |
| Property Type | Retail | Year Built/Renovated | 1962/1995 |
| Property Subtype | Storefront | Parking Ratio | 2.6/1,000 SF |
| Gross Leasable Area | 52,940 SF |
| Total Space Available | 22,284 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 52,940 SF |
| Total Land Area | 8.45 AC |
| Year Built/Renovated | 1962/1995 |
| Parking Ratio | 2.6/1,000 SF |
ABOUT THE PROPERTY
This property is strategically positioned in Penman Plaza along Atlantic Boulevard, one of Jacksonville’s most heavily traveled east-west corridors with 37,500 AADT, providing direct access to the Beaches. Located at the signalized intersection of Atlantic Blvd and Penman Rd, the site benefits from exceptional visibility and connectivity to affluent coastal communities, where average household incomes approach $150,000 within a one-mile radius. The surrounding trade area is robust, with a population of over 303,000 within 10 miles and a daytime population exceeding 316,000, ensuring strong demand for retail and service offerings. The property is part of a vibrant retail hub anchored by national brands such as Aldi, Ace Hardware, Tire Kingdom, VyStar Credit Union, and What-A-Burger. Nearby amenities include LA Fitness, Publix, and numerous dining and service options, creating a dynamic environment that attracts both local residents and beach visitors. This location offers retailers a rare opportunity to capitalize on high traffic, affluent demographics, and strong co-tenancy in one of Jacksonville’s most desirable submarkets.
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Penman Plaza | 1209-1227 Atlantic Blvd
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