Listing Agency: SRS Real Estate Partners Tampa

Listed By: Patrick Nutt · License #BK3120739

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 9:29PM

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Investment Insights

Based on property information with market context.

This retail property comprises 11,078 SF and is offered for sale in Jacksonville, Florida. The asset is associated with a 6.00% CAP rate.

Key Highlights

• 11,078 SF retail property
• 6.00% CAP rate
• Located in Jacksonville, FL 32202

Property Analytics

Current Use

Panera Bread Cafe & Coffee Shop

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Daycare Center Wine and Liquor Store Arcade & Gaming Center Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,364

Businesses Nearby

97k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 42% Hotels & Casinos 22% Groceries 20% Shops & Services 12%

The Fresh Market Groceries

19,620 visits/mo 0.2 miles

Marriott Jacksonville Downtown Hotels & Casinos

17,473 visits/mo 0.4 miles

Navy Federal Credit Union Shops & Services

10,457 visits/mo 0.2 miles

First Watch Dining

9,812 visits/mo 0.2 miles

Panera Bread Dining

9,560 visits/mo 0.1 miles

Demographics for 32202, FL

6,544

Population

2,789

Households

2.3

Avg Household Size

38

Median Age

17%

College-Educated

78%

High-School Grad

2.0 sq mi

ZIP Area

3,272

Density / Sq Mi

$40,070

Median Household Income

$30,938

Median Earnings

$1,024

Median Rent

$229,100

Median Home Value

Market

Vacancy Rate% for Retail in Jacksonville, FL

6.3% 2019

7.5% 2020

5.6% 2021

5.5% 2022

5.8% 2023

5.8% 2024

6.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Jacksonville retail property offered for sale.

Where is this retail space located?

The property is located at 10 Riverside Avenue & 50 Riverside Avnue Jacksonville, FL.

What are key features of this property?

This property features: 11,078 SF retail property; 6.00% CAP rate; Located in Jacksonville, FL 32202