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Walgreens 5108 Norwood Ave 14,415 SF of Retail Space Available in Jacksonville, FL 32208
Highlights
- 14,415 s.f. freestanding former Walgreens site on 1.49 a.c. with a 4.5:1,000 SF parking ratio and two drive-thru lanes
- Sits on the SWC of the signalized Norwood Ave/44th St intersection (19,300 VPD)
- Adjacent to Interstate 95 (110,050 VPD) and conveniently located near both Exits 355 and 356B onto Norwood Ave
- Outparcel to the 700,000 SF Gateway Town Center (2M+ visits annually), anchored by Winn-Dixie, Burlington, Planet Fitness, Five Below, Hibbett + more
- Norwood Ave is the primary retail corridor connecting tenants to the many communities surrounding the thoroughfare
- Known as Jacksonville’s Urban Core, this historic district includes EverBank Stadium, VyStar Ballpark, Downtown Jacksonville as well as many suburbs
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 14,415 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
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.
Property Facts
| Total Space Available | 14,415 SF | Gross Leasable Area | 14,415 SF |
| Property Type | Retail | Year Built | 1996 |
| Property Subtype | Freestanding | Parking Ratio | 10/1,000 SF |
| Total Space Available | 14,415 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 14,415 SF |
| Year Built | 1996 |
| Parking Ratio | 10/1,000 SF |
About the Property
Freestanding 1.49 A.C. on Norwood Ave • Retail Opportunity in Gateway Town Center 14,415-square-foot freestanding former Walgreens at 5108 Norwood Ave in Jacksonville’s Urban Core. This 1.49-acre outparcel to Gateway Town Center sits at the signalized Norwood Avenue and 44th Street intersection, offering 58 parking spaces and two drive-thru lanes. Gateway Town Center draws more than 2 million visitors annually with traffic anticipated to surge year-over-year per Placer.ai, attracting national tenants alongside anchors including Winn-Dixie, Burlington, Planet Fitness and so many others. The property delivers fantastic accessibility from both corridors, multiple access points and prime proximity to Interstate 95, EverBank Stadium and Downtown Jacksonville. For additional information, please contact us.
- Signalized Intersection
- Drive Thru
Nearby Major Retailers
Presented by
Walgreens | 5108 Norwood Ave
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