Fully Leased Multi-Tenant Retail
13550 Atlantic Blvd Jacksonville, FL 32225
13550 Atlantic Blvd, Jacksonville, FL, 32225
$2,100,000
For Sale
$2,100,000
Multi-tenant retail center on a high-traffic Atlantic Boulevard corridor, fully leased with four service-oriented tenants.
Property Size5,122 SF
Price / SF$409
Days on Market69
Property Features for 13550 Atlantic Blvd
General Information
- Standard status
- Active
- Size
- 5,122 SF
- Property subtype
- Retail - Street Retail
Building Details
- Year Built
- 1983
Listing agency
SVR Commercial
(607) 745-0364
Listed by
Jeffrey Terwilliger · License #BK3122117
Source
Commercialcafe
Added: May 14 Updated: Jul 21 at 12:06AM Checked: Jul 21 at 3:41AM
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 SVR Commercial
Investment Insights
Based on property information with market context.
This fully leased, multi-tenant retail center totals 5,122 SF and is 100% occupied by four service-oriented tenants. The current tenant mix includes F45 Training, Pain MD, a Barber, and a Saloon, supporting a stable, in-place operating profile.
The property is located on Atlantic Blvd in Jacksonville, positioned along one of the main routes to the beaches. The site benefits from frontage on Atlantic & San Pablo and is described as having visibility and easy access, with daily traffic highlighted at 55,000 vehicles.
Surrounding retail is described as well established, with major retailers including Publix, Walmart, The Home Depot, Lowe's, and Fresh Market nearby. The offering is presented as having a strong history of renewals with annual rent increases.
The property is located on Atlantic Blvd in Jacksonville, positioned along one of the main routes to the beaches. The site benefits from frontage on Atlantic & San Pablo and is described as having visibility and easy access, with daily traffic highlighted at 55,000 vehicles.
Surrounding retail is described as well established, with major retailers including Publix, Walmart, The Home Depot, Lowe's, and Fresh Market nearby. The offering is presented as having a strong history of renewals with annual rent increases.
Key Highlights
- Fully leased 5,122 SF multi‑tenant retail center on Atlantic Blvd in Jacksonville
- 100% occupied by four service‑oriented tenants: F45 Training, Pain MD, Barber, and Saloon
- Located at Atlantic & San Pablo on a major route to the beaches with reported 55,000 vehicles daily
Local Financial Insights For Retail
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 | $92.2k | $18.00 |
| − Vacancy | −$7.8k | −$1.53 |
| EGI | $84.4k | $16.47 |
| − OpEx | −$25.3k | −$4.94 |
| NOI | $59.1k | $11.53 |
5,122 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$843.6K
$738.2K – $984.2K
NOI $59,052 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,396 @ 7.0% cap · market cap 3.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
F45 Training Greenfield ...
Gym & Fitness Center
Similar For Sale Nearby
FAQs
What type of property is this?
Strip mall - Multi-tenant retail center on a high-traffic Atlantic Boulevard corridor, fully leased with four service-oriented tenants.
Where is this strip mall located?
The property is located at 13550 Atlantic Blvd Jacksonville, FL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Fully leased 5,122 SF multi‑tenant retail center on Atlantic Blvd in Jacksonville; 100% occupied by four service‑oriented tenants: F45 Training, Pain MD, Barber, and Saloon; Located at Atlantic & San Pablo on a major route to the beaches with reported 55,000 vehicles daily
