Retail Strip Center with Dual
For Sale
Contact for pricing
12025 Beach Boulevard, Jacksonville, FL 32246
Neighborhood shopping center fronting Beach Boulevard with no current vacancies and access from two streets.
Property Size5,385 SF
Price / SF$258.12
Days on Market117
Property Features for 12025 Beach Boulevard
General Information
Standard status
Active
Size
5,385 SF
Class
C
Total Parking Spaces
30
Property subtype
Retail
Zoning
CCG
Occupancy
100%
Lease Type
NNN
Investment Type
Owner/User
Net Operating Income
$103,200
Site & Location
Traffic Count
50,000 vehicles/day
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Re/Max Specialists
Listed By:
Curtis Carter · License #SL3311783
(904) 386-4651
Source:
Crexi
Added: May 14
Changed: Aug 21
Last Checked: Aug 31 at 8:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Specialists
Investment Insights
Based on property information with market context.
This retail strip center offers a consolidated neighborhood shopping environment with no current vacancies. The property is described as high-exposure, with traffic-supported visibility fronting Beach Boulevard and a current tenant base noted as long term.
The shopping center is positioned near the Beachwood area, with FSCJ and UNF referenced as nearby landmarks, and the Alhambra Dinner Theater as a neighboring use. Public remarks cite more than 50,000 vehicles per day (AADT) along Beach Boulevard in the surrounding area. Access is available from two different streets, creating a flow-through drive.
The center is presented as a good fit for quick-service concepts, and it is listed as zoned CCG-1, which the remarks note allows for most uses. This combination of dual access and continued occupancy may appeal to buyers seeking a retail property with stable in-place tenancy.
The shopping center is positioned near the Beachwood area, with FSCJ and UNF referenced as nearby landmarks, and the Alhambra Dinner Theater as a neighboring use. Public remarks cite more than 50,000 vehicles per day (AADT) along Beach Boulevard in the surrounding area. Access is available from two different streets, creating a flow-through drive.
The center is presented as a good fit for quick-service concepts, and it is listed as zoned CCG-1, which the remarks note allows for most uses. This combination of dual access and continued occupancy may appeal to buyers seeking a retail property with stable in-place tenancy.
Key Highlights
- 5000 SF neighborhood shopping center fronting Beach Blvd with no current vacancies
- Over 50,000 AADT vehicles per day pass this area of Beach Blvd
- Zoned CCG‑1, allowing for most uses
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$60,862
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.38%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,217,240
$1.2M
Cap Rate 7%
$869,457
$869.5K
Cap Rate 9%
$676,244
$676.2K
Market Conditions
NOI Build-Up for 5,385 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$96.9K $18.00/SF
− Vacancy
−$10.0K −$1.85/SF
EGI
$86.9K $16.15/SF
− OpEx
−$26.1K −$4.84/SF
NOI
$60.9K $11.30/SF
Area
Jacksonville, FL
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,217,240
Cap Rate 7%
$869,457
Cap Rate 9%
$676,244
Alternative Uses
Best Use
Retail
$869.5K
$760.8K – $1.01M
NOI $60,862 @ 7.0% cap · market cap 4.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.48M
$1.29M – $1.72M
NOI $103,263 @ 7.0% cap · market cap 7.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
50,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
370
Businesses Nearby
37k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 85%
Groceries 15%
Murphy USA
Shops & Services
12,973 visits/mo
0.2 miles
Dollar General
Shops & Services
9,821 visits/mo
0.3 miles
Mi Pueblo Food Center
Groceries
5,655 visits/mo
0.2 miles
Mobil
Shops & Services
4,513 visits/mo
0.1 miles
Exxon
Shops & Services
4,089 visits/mo
0.1 miles
Demographics for 32246, FL
58,105
Population
26,083
Households
2.2
Avg Household Size
36
Median Age
39%
College-Educated
93%
High-School Grad
19.1 sq mi
ZIP Area
3,042
Density / Sq Mi
$78,506
Median Household Income
$46,446
Median Earnings
$1,697
Median Rent
$281,800
Median Home Value
Market
Vacancy Rate% for Retail in Jacksonville, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Neighborhood shopping center fronting Beach Boulevard with no current vacancies and access from two streets.
Where is this strip mall located?
The property is located at 12025 Beach Boulevard Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: 5000 SF neighborhood shopping center fronting Beach Blvd with no current vacancies; Over 50,000 AADT vehicles per day pass this area of Beach Blvd; Zoned CCG‑1, allowing for most uses
