Leased Retail Storefront
For Sale
$750,000
2752 PARK Street, Jacksonville, FL 32205
Two standalone retail storefront buildings are offered for sale, both currently leased on differing month-to-month terms.
Property Size1,957 SF
Price / SF$383.24
Days on Market233
Property Features for 2752 PARK Street
General Information
Standard status
Active
Size
1,957 SF
Property subtype
Retail
Additional Details
Highway Access
Yes
Building Details
Year Built
1957
Listing Agency:
RIVERPOINT REAL ESTATE
(904) 396-6456
Listed By:
ROGER (STEVE) WILLIAMS · License #3652531
(904) 535-7252
Source:
Endlesssummerrealty
Added: Mar 3
Changed: Oct 21
Last Checked: Oct 20 at 9:05PM
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 RIVERPOINT REAL ESTATE
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Investment Insights
Based on property information with market context.
This offering includes standalone retail storefront buildings, with 2752 Park St described as 1,957 square feet and leased on a month-to-month basis. 2756 Park St is also listed as a standalone retail building at 2,750 square feet, with rent noted as $28 plus NNN.
The properties are described as being proximately located to I-95 and I-10, and the surrounding area is characterized as pedestrian-friendly. The public remarks also reference the Riverside Historic District and a dense workplace population drawing daytime activity from commuters and residents.
Both buildings are presented as leased retail assets within a local retail and social environment, with the available lease structure noted in the remarks for each address.
The properties are described as being proximately located to I-95 and I-10, and the surrounding area is characterized as pedestrian-friendly. The public remarks also reference the Riverside Historic District and a dense workplace population drawing daytime activity from commuters and residents.
Both buildings are presented as leased retail assets within a local retail and social environment, with the available lease structure noted in the remarks for each address.
Key Highlights
- Two standalone retail storefront buildings for sale, both currently leased on differing month‑to‑month terms
- 2752 Park St: 1,957 SF retail building leased for $750,000 (month‑to‑month)
- 2756 Park St: 2,750 SF retail building listed at $750,000 with lease rate of $28 + NNN
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,118
Cap Rate
2.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$442,360
$442.4K
Cap Rate 7%
$315,971
$316.0K
Cap Rate 9%
$245,756
$245.8K
Market Conditions
NOI Build-Up for 1,957 SF
Gross rent
$35.2K $18.00/SF
− Vacancy
−$3.6K −$1.85/SF
EGI
$31.6K $16.15/SF
− OpEx
−$9.5K −$4.84/SF
NOI
$22.1K $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 Rate 5%
$442,360
Cap Rate 7%
$315,971
Cap Rate 9%
$245,756
Alternative Uses
Best Use
Retail
$316.0K
$276.5K – $368.6K
NOI $22,118 @ 7.0% cap · market cap 2.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$536.1K
$469.1K – $625.5K
NOI $37,527 @ 7.0% cap · market cap 5.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,141
Businesses Nearby
17k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Carmine's
Dining
8,631 visits/mo
0.2 miles
Burger King
Dining
8,211 visits/mo
0.1 miles
Demographics for 32205, FL
29,605
Population
16,188
Households
1.8
Avg Household Size
37
Median Age
36%
College-Educated
90%
High-School Grad
7.7 sq mi
ZIP Area
3,845
Density / Sq Mi
$60,609
Median Household Income
$43,122
Median Earnings
$1,190
Median Rent
$257,900
Median Home Value
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Market
Vacancy Rate% for Retail in Jacksonville, FL
Similar Off Market Nearby
- Glenn Certain Floral Design — 2659 Park St, Jacksonville, FL 32204
Frequently Asked Questions
What type of property is this?
Storefront property - Two standalone retail storefront buildings are offered for sale, both currently leased on differing month-to-month terms.
Where is this storefront property located?
The property is located at 2752 PARK Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two standalone retail storefront buildings for sale, both currently leased on differing month‑to‑month terms; 2752 Park St: 1,957 SF retail building leased for $750,000 (month‑to‑month); 2756 Park St: 2,750 SF retail building listed at $750,000 with lease rate of $28 + NNN
