11265 Alumni Way, Jacksonville, FL

Retail for Sale - $2,248,000 - 13,000 Sq. Ft. on 3.29 acres


Agent Info

Lynette Harvey
Watson Commercial Realty Inc.

Property Info

CIMLS#1116328
Location
  11265 Alumni Way
  Jacksonville FL 32246
UpdatedSeptember 13th, 2022
TypeRetail
Price$2,248,000
Building13,000 Sq. Ft.
Land3.29 acres

Property Description

One of a handful of St. Johns Town Center area office buildings inside Jacksonville’s Beltway with this proximity to the “Retail Heart of Jacksonville.” ~13,000 SF office building sited on 3.29 acres surrounded by a stream with its own waterfall.

Former film production building converted to office. 2,000 SF studio / warehouse / training room / garage. ~20‘ Roll-up loading door. Covered balcony. Fireplace. Pavered outdoor area. Flexible floorplan. +15 offices. 8 restrooms. 3 showers. Conference Room on each floor. See floorplan; modifications have been made.

’98 built building (less than 25 years) with updated systems seeking your own aesthetic care

• 9 HVACs = 6/9 replaced 4 years ago + 2/9 replaced 6 years ago + 1/9 replaced 12 years ago

• ’21, ‘12: permitted stucco repair

• ’16: permitted fire system upgrade

Multiple redevelopment opportunities:

• a.) Multitenant opportunities

o 2nd floor can operate independent of 1st floor

o b.) 2,800 SF studio section can operate independent of broader building

• c.) 13,000 SF of additional SF approved by City of Jacksonville in ’18.

Second floor accessible by elevator and multiple stairways (interior and exterior).

The proposed mixed-use The Village at Town Center is on the other side of the stream. Over 1,000 luxury and market rate apartments, residences for those 55 and older, student housing, and a 5-story hotel. Restaurants, commercial and office. See The Village at Town Center plan.

Unparalleled St. Johns Town Center area ~13,000 SF office with 2,800 SF studio area and ’20’ loading door.

Location

1 minute / .3 mile – St. Johns Bluff Road South, 26,500 vehicles per day

1 minute / .7 mile – Town Center Parkway, 42,500 vehicles per day

2 minutes / .7mile – The Village at Town Center (Proposed by The Klotz Group of Companies and KBR Group) (See plan)

3 minutes / 1 mile – I-295 (Jacksonville Beltway), 88,000 vehicles per day

3 minutes / 1 mile – St. Johns Town Center, https://www.simon.com/mall/st-johns-town-center

3 minutes / 1 mile – University of North Florida, https://www.unf.edu/

4 minutes / 2 miles – SR-202 / J. Turner Butler Boulevard / Butler Boulevard / JTB, 108,000 vehicles per day

11 minutes / 10 miles – Jacksonville Beach, https://www.jacksonvillebeach.org/

12 minutes / 10 miles – Ponte Vedra Beach, https://www.visitflorida.com/places-to-go/northeast/ponte-vedra-beach/

17 minutes / 10 miles – Downtown Jacksonville, https://downtownjacksonville.org/


Financials



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