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4818 Wesconnett Blvd Jacksonville, FL 32210

Sponsored
For Sale
$7,119,000

High-yield, net-leased Amazon parking

Property size:
300,128 SF

Description

Added:
Feb 13, 2025
Days on Market:
329
This exceptional investment opportunity presents a 300,128 square foot parking facility, fully leased to Amazon (NASDAQ: AMZN) under an 8.8-year Net Lease agreement (commencing August 1, 2022, expiring April 30, 2031) with a corporate guarantee. Located in Jacksonville, Florida (Duval County, zip code 32210) at 4818 Wesconnett Blvd, this property boasts a 5.35% cap rate and a strong NOI of $380,845. The 6.89-acre lot features a 100% occupancy rate and benefits from 2% annual rent bumps, providing inflation protection. The property enjoys a prime location with high traffic counts on Wesconnett and Blanding Boulevards, offering easy access to major thoroughfares including I-10 and I-295. Its strategic position within a mixed-use development, surrounded by residential and retail establishments, including a Walmart Supercenter, Winn-Dixie, and numerous other national retailers, ensures consistent demand. The proximity to Jacksonville Naval Air Station, Jacksonville Port Authority, and Webster University further enhances its value. The site is situated in a densely populated area with a high average annual household income, projected to increase significantly by 2026. This property is ideal for a 1031 exchange. Year built: 2022.

Property Features for 4818 Wesconnett Blvd

General Information

Property type
Automotive properties
Square Feet
300,128 SF
Lot Size
300,128 SF

Building Details

Year Built
2022

HighLights

  • $7,119,000 asking price for this special‑purpose property.
  • 300,128 square foot parking facility, 100% occupied by Amazon under a corporate‑guaranteed, Net‑Net‑Net (NNN) lease.
  • 8.8‑year lease term commencing August 1, 2022, and expiring April 30, 2031, with 2% annual rent bumps.
  • 5.35% cap rate and $380,845 annual net operating income (NOI).
  • Located on Wesconnett and Blanding Boulevards in Jacksonville, Florida, offering excellent access to major thoroughfares and a densely populated area.
  • 6.89‑acre lot, built in 2022, and suitable for a 1031 exchange.
Property Profile Location Intelligence

Current Use by Public Records

Parking lots & garages

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Jacksonville
County
Duval
State
Florida
Longitude
-81.7402904
Latitude
30.2546868

FAQs

What type of property is this?
Automotive property - High-yield, net-leased Amazon parking
Where is this automotive property located?
The property is located at 4818 Wesconnett Blvd Jacksonville, FL.
What is the asking price?
The asking price for this property is $7,119,000.
What are key features of this property?
This property features: $7,119,000 asking price for this special-purpose property.; 300,128 square foot parking facility, 100% occupied by Amazon under a corporate-guaranteed, Net-Net-Net (NNN) lease.; 8.8-year lease term commencing August 1, 2022, and expiring April 30, 2031, with 2% annual rent bumps.
More about this property
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