5917 Roosevelt Blvd, Jacksonville, FL 32244

Jacksonville, FL

Shopping Center for Sale - $1,995,000 - 8,000 Sq. Ft. on 0.83 acres


Agent Info

Matt Demir
XERA Realty Inc.

Property Info

CIMLS#1166110
Location
  5917 Roosevelt Blvd, Jacksonville, FL 32244
  Jacksonville FL 32244
UpdatedOctober 7th, 2024
TypeShopping Center
Price$1,995,000
Building8,000 Sq. Ft.
Land0.83 acres

Property Description

Located at 5917 Roosevelt Blvd, Jacksonville, FL 32244, this shopping center presents an exceptional investment opportunity. The property, built in 2005, spans 8,000 square feet of heated space across nine units. Surrounded by a healthy mix of national and local businesses all located on Roosevelt Blvd, the center benefits from an impressive Average Annual Daily Traffic (AADT) of 39,500 vehicles.

This retail center is strategically located near established neighborhoods, the Timuquana Country Club, NAS Jacksonville, and the St. Johns River, attracting consistent foot traffic and commuter clientele. The property sits on a 0.83-acre lot, zoned CCG-2, making it suitable for a variety of commercial uses. Priced at $1,995,000,with 7 tenants whose leases are of varying lengths, this property provides a unique opportunity for the new owner to renegotiate terms, attract longer term tenants, and increase rental income.

Tenant mix comes from established businesses including computer services, spa, vape shop, a tattoo studio, and more. This asset offers a secure and lucrative opportunity for investors looking to add a retail property in a part of Jacksonville with lots of growth potential.


Financials