Mixed-Use Commercial
For Sale
Contact for pricing
5951 Arlington Expy, Jacksonville, FL 32211
Mixed-use property with an in-place lease set to expire January 31, 2026 and a landlord termination right.
Property Size5,549 SF
Price / SF$216.26
Days on Market646
Property Features for 5951 Arlington Expy
General Information
Standard status
Active
Size
5,549 SF
Class
C
Property subtype
Mixed Use, Office, Retail
Zoning
ccg2
Building Details
Year Built
1965
Stories
1
Listing Agency:
Keller Williams Realty Atlantic Partners Southside
(703) 906-8620
Listed By:
Brien Davis · License #FL SL3493322
Source:
Crexi
Added: Oct 30, 2024
Changed: Jul 22
Last Checked: Jul 22 at 3:32PM
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 Keller Williams Realty Atlantic Partners Southside
Investment Insights
Based on property information with market context.
This mixed-use commercial property offers a highly visible setting for a services business or other operation that requires access to multiple business areas. The property is currently occupied under an existing lease that expires January 31, 2026, with a landlord right to terminate to avoid auto-renewal. Notice must be provided to the tenant by October 31, 2025 if termination is desired.
The property’s positioning is described as convenient for access to beach communities, Southside, Arlington, and downtown. Following tenant vacancy, the seller notes that renovation or redevelopment plans may begin.
The information provided does not break out unit sizes or specific improvements, so due diligence on the building’s configuration and condition is recommended.
The property’s positioning is described as convenient for access to beach communities, Southside, Arlington, and downtown. Following tenant vacancy, the seller notes that renovation or redevelopment plans may begin.
The information provided does not break out unit sizes or specific improvements, so due diligence on the building’s configuration and condition is recommended.
Key Highlights
- Year built 1965
- Existing lease in place, expiring 1/31/2026
- Landlord has a right to terminate to avoid auto‑renewal
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $133.2k | $24.00 |
| − Vacancy | −$26.8k | −$4.82 |
| EGI | $106.4k | $19.18 |
| − OpEx | −$26.6k | −$4.79 |
| NOI | $79.8k | $14.38 |
5,549 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.14M
$997.6K – $1.33M
NOI $79,806 @ 7.0% cap · market cap 6.65%
Second Best
Mixed Use
$1.05M
$915.6K – $1.22M
NOI $73,247 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M
NOI $106,408 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,065
Businesses Nearby
Explore this area
Business Placement
Demographics for 32211, FL
34,168
Population
15,250
Households
2.2
Avg Household Size
36
Median Age
20%
College-Educated
89%
High-School Grad
8.2 sq mi
ZIP Area
4,167
Density / Sq Mi
$55,208
Median Household Income
$33,993
Median Earnings
$1,104
Median Rent
$208,900
Median Home Value
Market
Vacancy Rate% for Office in Jacksonville, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with an in-place lease set to expire January 31, 2026 and a landlord termination right.
Where is this mixed-use property located?
The property is located at 5951 Arlington Expy Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Year built 1965; Existing lease in place, expiring 1/31/2026; Landlord has a right to terminate to avoid auto‑renewal
