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Investment Highlights
- 5730 Bowden Road is a 100% occupied multi-tenant industrial asset, providing immediate cash flow and long-term stability for investors
- Offered at a 6.14% cap rate, the property generates $537,063 in NOI and $787,812 in effective gross income, delivering stable day-one returns
- Spanning 50,668 square feet on a 3.86-acre lot, the facility features a diverse 17-suite tenant mix that strongly caters to local service providers
- The property is strategically located in the premier Southside submarket, an area consistently outperforming the broader Jacksonville region
- The submarket boasts strong market fundamentals and constrained new supply, commanding premium rental rates of $12.92 per sqft
- With its excellent access to I-95 and US-1, the asset offers unparalleled connectivity, making it a highly desirable location for industrial tenants
Executive Summary
Marcus & Millichap is proud to present Bowden Pointe, a fully leased multi-tenant flex/industrial asset located at 5730 Bowden Road in Jacksonville, Florida. The property comprises approximately 50,668 square feet across 17 suites on 3.86 acres and is currently 100% occupied, offering immediate and stable cash flow. Offered at $8,750,000, the investment represents an attractive basis of $172.69 per square foot and a going-in cap rate of 6.14%.
The property generates $787,812 in effective gross income and $537,063 in net operating income, supported by a strong reimbursement structure in which tenants contribute approximately 24% of total income, helping to offset operating expenses and enhance cash flow durability. Built in 1988, Bowden Pointe features a flexible configuration designed to accommodate a diverse mix of office, showroom, and warehouse users.
Strategically positioned in Jacksonville’s infill Southpoint submarket with immediate access to Interstate 95, the property benefits from strong connectivity to major employment centers and a growing regional economy. Bowden Pointe offers investors a compelling opportunity to acquire a stabilized, income-producing asset with diversified tenancy, operational efficiency, and long-term upside in one of Florida’s most dynamic industrial markets.
The property generates $787,812 in effective gross income and $537,063 in net operating income, supported by a strong reimbursement structure in which tenants contribute approximately 24% of total income, helping to offset operating expenses and enhance cash flow durability. Built in 1988, Bowden Pointe features a flexible configuration designed to accommodate a diverse mix of office, showroom, and warehouse users.
Strategically positioned in Jacksonville’s infill Southpoint submarket with immediate access to Interstate 95, the property benefits from strong connectivity to major employment centers and a growing regional economy. Bowden Pointe offers investors a compelling opportunity to acquire a stabilized, income-producing asset with diversified tenancy, operational efficiency, and long-term upside in one of Florida’s most dynamic industrial markets.
Property Facts
| Price | $12,173,787 CAD | Number of Properties | 3 |
| Price / SF | $240.27 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 6.14% | Total Building Size | 50,668 SF |
| Sale Type | Investment | Total Land Area | 11.59 AC |
| Status | Active |
| Price | $12,173,787 CAD |
| Price / SF | $240.27 CAD / SF |
| Cap Rate | 6.14% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 50,668 SF |
| Total Land Area | 11.59 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Building 300
5730 Bowden Rd, Jacksonville, FL 32216 |
Flex | 23,575 SF | 1988 | - |
|
Building 100
5730 Bowden Rd, Jacksonville, FL 32216 |
Flex | 15,657 SF | 1990 | - |
|
Building 200
5730 Bowden Rd, Jacksonville, FL 32216 |
Flex | 11,436 SF | 1990 | - |
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5730 Bowden Rd
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