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Investment Highlights

  • 25,569 SF Retail Strip Center in the Jacksonville FL MSA (1.8M Residents)
  • Excellent Visibility Along Wells Rd With 21,000 VPD & Near Hwy 17 Intersection (60,000 VPD)
  • Built in NOI Growth: Scheduled Annual Rental Increases and Limited Tenant Option Control
  • Mark to Market Opportunity: Average lease rate of $15.59 PSF versus Market Asking Rate $25.80 (Costar, Orange Park submarket)
  • Densely Populated And Growing: 226,003 Residents Within 15 Minute Commute
  • Proximate to Jacksonville Naval Air Station: the largest Navy base in the Southeast and the 3rd largest in the nation, employing more than 17,000

Executive Summary

Franklin Street is pleased to present Wells Landing, a retail strip center in Orange Park, Florida, which is part of the Jacksonville MSA. Orange Park is located along I-295, 13 miles south of downtown Jacksonville. Jacksonville is ranked in the top 10 nationally for cities population growth, and #3 for economic growth amongst large cities. JAXPORT is Florida's largest container port and a top US vehicle-handling hub, generating roughly $31–$44 billion in annual economic impact. The property is in close proximity to I-295 (155,500 VPD) and Hwy 17 (60,000 VPD) which connects residents to other Jacksonville suburbs and major hubs of employment. Wells Landing is 100% occupied by a strong mixture of daily use and service based tenants. The center has an ideal street facing orientation to Wells Road, a busy connector from the Hwy 17 to the Blanding Blvd (86,000 VPD) north/south corridors. The convenient location allows easy access to other daily traffic generators in the area including Orange Park Mall, Home Depot, At Home, Crunch Fitness, Wawa, Petsmart, HCA Orange Park Hospital, among others. The offering allows an investor the opportunity to acquire a center at a significant discount to replacement cost, while offering a strong opportunity to push rents as leases rollover or spaces become available.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
25,569 SF
Building Class
B
Year Built
1985
Price
$6,969,145 CAD
Price Per SF
$272.56 CAD
Cap Rate
7.44%
NOI
$518,504 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
3.15 AC
Zoning
CI - Commercial Intensive

Amenities

  • Signage

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Jan 0000

Block Advisors, a division of H&R Block (NYSE: HRB), provides specialized services for small businesses, including tax preparation, bookkeeping, payroll, and business formation. Established to support entrepreneurs and self-employed individuals, Block Advisors offers year-round assistance to help clients manage compliance and optimize financial operations. The brand introduced an online business formation tool to simplify entity registration, enabling small business owners to establish LLCs, corporations, or nonprofits efficiently. Leveraging H&R Block’s extensive tax expertise, Block Advisors integrates advisory services with digital solutions to streamline processes and reduce administrative burdens. The company serves millions of small business clients nationwide and continues to expand its offerings to address evolving business needs.

  • Manufacturing
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

LDI Reproprinting is a privately held construction reprographics and commercial printing company serving the Southeastern United States. Founded in 1987, the business specializes in wide-format document printing, scanning, and digital plan distribution for architects, engineers, contractors, and related industries. The company also offers small-format digital printing, signage, and marketing materials across multiple local branches. LDI’s locations operate with owner-managers and provide regional support through an online plan room and file submission tools. The organization’s Greenville, South Carolina office functions as its administrative hub, while branches in Florida, Georgia, Alabama, and South Carolina deliver day-to-day production. LDI’s services emphasize fast turnaround on bid sets, construction documents, and job specifications, along with options for signage and apparel to support project sites and trades.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Professional, Scientific, and Technical Services - - - Jan 0000
Manufacturing - $9.99 Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1
  • 2,813 SF
  • Restaurant
  • End Cap
  • Now
  • 12
  • 986 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1 2,813 SF Restaurant End Cap Now
12 986 SF Retail - Now

1

Size
2,813 SF
Space Use
Restaurant
Position
End Cap
Available
Now

12

Size
986 SF
Space Use
Retail
Position
-
Available
Now
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100

Nearby Major Retailers

Krystal
4 Rivers Smokehouse
Waffle House
Cracker Barrel Old Country Store
Scooter's Coffeehouse

Property Taxes

Property Taxes

Parcel Number
50-04-26-019238-006-00
Land Assessment
$1,521,663 CAD
Improvements Assessment
$1,979,088 CAD
Total Assessment
$3,500,751 CAD
  • Listing ID: 40301988

  • Date on Market: 2026-04-27

  • Last Updated:

  • Address: 550 Wells Rd, Orange Park, FL 32073

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