NN Walgreens Retail
For Sale
Contact for pricing
Pending
5108 Norwood Ave, Jacksonville, FL 32208
Corporate pharmacy tenancy features expense responsibility and a roof replaced in 2017.
Property Size14,380 SF
Days on Market41
Property Features for 5108 Norwood Ave
General Information
Standard status
Pending
Size
14,380 SF
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Marcus & Millichap - Jacksonville
Listed By:
Craig Thomas CCIM · License #FL: BK656411
Source:
Crexi
Added: Jul 21
Changed: Aug 29
Last Checked: Aug 29 at 3:04PM
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 Marcus & Millichap - Jacksonville
Investment Insights
Based on property information with market context.
This 14,380-square-foot Walgreens property is leased on an NN basis, with the tenant responsible for all property operating expenses. Walgreens is the corporate-guaranteed occupant, and the first of four available five-year options has been exercised. The roof was replaced at the end of 2017 and carries a transferable 20-year warranty.
The property is located at 5108 Norwood Ave in Jacksonville’s Northside/Norwood submarket, within the Gateway retail area. McDonald’s and Wendy’s occupy opposing corners, while Publix, Rent-A-Center, Family Dollar, and Foot Locker are tenants in the contiguous shadow-anchored property.
Additional surrounding retailers include Rainbow Shops, Jackson Hewitt, Firestone, Wingstop, Papa John’s, Subway, Ace Cash Express, and Sav-A-Lot. The site is positioned within a high-density, mature retail corridor characterized by concentrated commercial activity.
The property is located at 5108 Norwood Ave in Jacksonville’s Northside/Norwood submarket, within the Gateway retail area. McDonald’s and Wendy’s occupy opposing corners, while Publix, Rent-A-Center, Family Dollar, and Foot Locker are tenants in the contiguous shadow-anchored property.
Additional surrounding retailers include Rainbow Shops, Jackson Hewitt, Firestone, Wingstop, Papa John’s, Subway, Ace Cash Express, and Sav-A-Lot. The site is positioned within a high-density, mature retail corridor characterized by concentrated commercial activity.
Key Highlights
- 14,380‑square‑foot Walgreens retail property
- NN lease with tenant responsible for all property operating expenses
- Corporate‑guaranteed Walgreens tenancy
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
739
Businesses Nearby
140k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 32%
Apparel 25%
Shops & Services 23%
Groceries 18%
Winn-Dixie
Groceries
24,647 visits/mo
0.2 miles
McDonald's
Dining
22,895 visits/mo
0.1 miles
Burlington
Apparel
19,177 visits/mo
0.3 miles
Wendy's
Dining
14,206 visits/mo
0.0 miles
Five Below
Shops & Services
13,678 visits/mo
0.3 miles
Demographics for 32208, FL
33,286
Population
15,218
Households
2.2
Avg Household Size
40
Median Age
15%
College-Educated
84%
High-School Grad
11.5 sq mi
ZIP Area
2,894
Density / Sq Mi
$39,873
Median Household Income
$31,845
Median Earnings
$1,180
Median Rent
$139,500
Median Home Value
Market
Vacancy Rate% for Retail in Jacksonville, FL
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Frequently Asked Questions
What type of property is this?
NNN property - Corporate pharmacy tenancy features expense responsibility and a roof replaced in 2017.
Where is this nnn property located?
The property is located at 5108 Norwood Ave Jacksonville, FL.
What are key features of this property?
This property features: 14,380‑square‑foot Walgreens retail property; NN lease with tenant responsible for all property operating expenses; Corporate‑guaranteed Walgreens tenancy
