Property Type:
Commercial Sale
Square Footage:
12,639
Lot Size (sq. ft.):
39,204
Status:
Active
Current Price:
$2,550,000
List Date:
10/22/2026
Last Modified:
10/22/2026
Overview
Description
Fully leased multi-tenant retail asset strategically positioned at the intersection of I-10 and Cassat Avenue in West Jacksonville. The approximately 12,236 SF property is 100% occupied by seven tenants, providing investors with a diversified and established income stream from day one. Property generates approximately $171,109 in annual NOI, representing an attractive 6.70% cap rate. The property benefits from excellent visibility and accessibility along Cassat Avenue, immediately adjacent to the I-10 interchange. I-10 carries approximately 136,000 vehicles per day, providing significant exposure and convenient connectivity to Downtown Jacksonville, surrounding employment centers, and the greater Jacksonville market. A prominent pylon sign along Cassat Avenue further enhances tenant visibility and identification.
