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4210 Old Middleburg Rd
Jacksonville, FL 32210
Family Dollar - 2018 Construction · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- NNN Credit Rated Tenant with Minimal Landlord Responsibilities
- S&P Credit Rating BBB
- 1.01 Acre Pac with 28 Parking Spaces (3.4 spaces Per 1k SF)
- Constructed in 2018
- Replaceable Rent with Future Upside – Neighboring Daycare paying $27 Net PSF
- Located on Old Middleburg Road with over 15,000 Vehicles Per day- Large Pylon Sign
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present for sale this Net Leased Family Dollar located at 4210 Old Middleburg Road N in Jacksonville, FL The subject property consists of a 8,320 SF free-standing building constructed in 2018 and is situated on a 1.1-acre parcel of land.
Strategically located along Old Middleburg Road, the property benefits from great visibility and is exposed to traffic counts exceeding 15,000 vehicles per day, all of whom have a view of the large pylon sign.
The Family Dollar Services the local community of over 12,500 people within a 1-mile radius. Additionally, there are 3 schools within a mile with over 2,700 student. Per Placer, the Family Dollar is ranked in the top 32% percentile across Florida. Adjacent to the Family Dollar, a new day care was recently constructed and is currently paying net rent of $27 per square foot which demonstrates the future upside for this location.
Strategically located along Old Middleburg Road, the property benefits from great visibility and is exposed to traffic counts exceeding 15,000 vehicles per day, all of whom have a view of the large pylon sign.
The Family Dollar Services the local community of over 12,500 people within a 1-mile radius. Additionally, there are 3 schools within a mile with over 2,700 student. Per Placer, the Family Dollar is ranked in the top 32% percentile across Florida. Adjacent to the Family Dollar, a new day care was recently constructed and is currently paying net rent of $27 per square foot which demonstrates the future upside for this location.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
8,320 SF
Building Class
B
Year Built
2018
Price
$2,512,824 CAD
Price Per SF
$302.02 CAD
Cap Rate
6.33%
NOI
$159,036 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.01 AC
Zoning
PUD
Parking
28 Spaces (3.37 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
- Signage
- Storage Space
PROPERTY TAXES
| Parcel Number | 013127-9440 | Improvements Assessment | $978,883 CAD |
| Land Assessment | $877,055 CAD | Total Assessment | $1,855,939 CAD |
PROPERTY TAXES
Parcel Number
013127-9440
Land Assessment
$877,055 CAD
Improvements Assessment
$978,883 CAD
Total Assessment
$1,855,939 CAD
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