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    8984 Normandy Blvd Jacksonville, FL 32221

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    For Sale
    $6,715,984

    New 15-year NNN lease in Jacksonville's retail corridor.

    Property size:
    22,985 SF
    Lot size:
    3.93 Acres

    Property Features for 8984 Normandy Blvd

    General Information

    Size
    22,985 SF
    Lot size
    3.93 Acres

    Source: Secure Net Lease - Dallas Agent Anthony Pucciarello

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Normandy Blvd Retail Investment Opportunity

    This property features a 22,985 square foot building constructed in 2022, situated on a 3.60 acre site. It is located on Normandy Blvd, south of I-10, which has a combined vehicle per day count of 139,400. The property is adjacent to Herlong Recreational Airport. The location is within a dense retail corridor near a top 6% ranked Publix and major brands like Walmart, Home Depot, and Winn-Dixie. The property is under a brand new 15-year NNN lease with 5% rental increases every 5 years in both the primary term and renewal options. The tenant, Tractor Supply, is the largest rural lifestyle retailer in the U.S. with 2,329 locations and $14.95B in revenue. The property is located in Jacksonville, FL, the most populous city in Florida and #1 by land area in the contiguous U.S., with a population of 1,009,833.
    Location Intelligence

    Current Use by Public Records

    Tractor Supply Co. Animal Feed Store Taqueria La Poblanita ... Mexican Restaurant Garden Center at Tractor ... Garden Center KeyExpress Locksmiths Key Duplication Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.8019256
    Latitude
    30.2857398

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    FAQs

    What type of property is this?
    Storefront property - New 15-year NNN lease in Jacksonville's retail corridor.
    Where is this storefront property located?
    The property is located at 8984 Normandy Blvd Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $6,715,984.
    What are key features of this property?
    This property features: - Brand new 15-year NNN lease with 5% rental increases every 5 years; - 2022 construction: 22,985 sf building on 3.60 acre site; - Excellent location on Normandy Blvd just south of I-10 (139,400 combined VPD)
    (214) 522-7200
    Request Owner's contact information
    8984 Normandy Blvd Jacksonville, FL 32221
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    Jacksonville, FL 32221
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8984 Normandy Blvd Jacksonville, FL 32221
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