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4186 University Blvd 5,996 SF Retail Building Jacksonville, FL 32216 $2,071,800 CAD ($345.53 CAD/SF)
Investment Highlights
- Minimal Contractual Responsibility by Landlord
- Extensive recent renovations and upgrades have been made to the property
- Income increases to $119,000 when brought to market value of $20 PSF
- High Traffic Retail Corridor, fronted on University Blvd (32,000 VPD), the property is located in a densely populated trade area
- Stable Income with significant upside, producing $76,380 in income and 3% annual escalations for the remaining term
Executive Summary
Prime Realty is proud to present, For Sale, this approximately 5,996 SF property on 0.66 acres of land. Fronted on University Blvd (32,000 VPD) adjacent to long-standing Zaxby's, this Free Standing retail building is leased, absolutely NNN to Tienda Mi Rancho, a successful Hispanic Grocer and full service restaurant. The Property has recently
undergone extensive interior upgrades, including the kitchen, bathrooms, retail space, and electric. With 2.5 years of term left at below market rents and no renewal options, this is the perfect opportunity for an investor seeking to bring the rent up to market or an Owner User looking to collect income for the remaining term.
undergone extensive interior upgrades, including the kitchen, bathrooms, retail space, and electric. With 2.5 years of term left at below market rents and no renewal options, this is the perfect opportunity for an investor seeking to bring the rent up to market or an Owner User looking to collect income for the remaining term.
Financial Summary (Actual - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,996 SF
Building Class
C
Year Built
1978
Price
$2,071,800 CAD
Price Per SF
$345.53 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.66 AC
Zoning
CCG-1 - General Commercial Community - 1
Parking
18 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
103’ on University Boulevard
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 137119-0020 | Improvements Assessment | $511,561 CAD |
| Land Assessment | $372,369 CAD | Total Assessment | $883,929 CAD |
Property Taxes
Parcel Number
137119-0020
Land Assessment
$372,369 CAD
Improvements Assessment
$511,561 CAD
Total Assessment
$883,929 CAD
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4186 University Blvd
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