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Kernan Plaza Retail Opportunity
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3503 Kernan Boulevard South, Jacksonville, FL 32224

Multi-tenant retail plaza in Jacksonville's coveted area.

Property Size10,400 SF
Lot Size1.03 Acres
Days on Market93

Property Features for 3503 Kernan Boulevard South

General Information

Standard status Active
Size 10,400 SF
Lot size 1.03 Acres
Property subtype Strip Center

Building Details

Building Size 10,400 SF
Year Built 2002
Listing Agency: NAI Hallmark
Listed By: Daniel Burkhardt · License #3260896
Source: Thebrokerlist
Added: May 18 Changed: Aug 8 Last Checked: May 18 at 8:16PM

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 NAI Hallmark

Investment Insights

Based on property information with market context.

Kernan Plaza is a single-story, multi-tenant retail plaza totaling 10,400 square feet on 1.03 acres of land. The property is shadow-anchored by Publix and offers direct access to Kernan Boulevard, with proximity to Beach Boulevard, which has an average annual daily traffic count of 52,000. The property is located in an affluent and dense trade area, benefiting from retail synergy due to its proximity to the Tamaya Market, which is anchored by Sprouts. The property has in-place cash flow with a diversified tenant mix and 63% occupancy, providing income with potential for increased value through leasing vacancies and adjusting below-market rents. It also offers flexibility for a potential owner-user to occupy space and offset costs. The property is located less than two miles from the St. Johns Town Center and benefits from nearby institutions, including the University of North Florida and Florida State College at Jacksonville. The Southside retail submarket experiences rent growth and low vacancy, supported by demographics of over 185,000 residents with average household incomes exceeding $108,000 within a five-mile radius.

Key Highlights

  • Shadow‑anchored by Publix, providing strong retail synergy and consistent traffic.
  • Located in a high‑growth Jacksonville MSA with favorable economics and no state income tax.
  • Prime infill location with immediate proximity to Beach Boulevard (52,000 AADT) and close to major institutions and the St. Johns Town Center.

Property Analytics

Current Use

Custom Ts Custom T-Shirt Store A Bit of Saigon Restaurant Image Hair Studio Hair Salon Paper Airplane Behavioral ... Crisis Center Natural Life CBD ... Specialty Food Shop

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Auto Repair Shop Big Box & Wholesale Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

332
Businesses Nearby
89k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 76% Shops & Services 12% Dining 9% Beauty & Spa 3%
Publix Groceries
50,947 visits/mo 0.1 miles
Sprouts Farmers Market Groceries
17,107 visits/mo 0.3 miles
Fifth Third Bank & ATM Shops & Services
4,221 visits/mo 0.2 miles
Banfield Pet Hospital Shops & Services
3,571 visits/mo 0.2 miles
Shipley Do-Nuts Dining
2,831 visits/mo 0.3 miles

Demographics for 32224, FL

42,395
Population
17,221
Households
2.5
Avg Household Size
36
Median Age
54%
College-Educated
97%
High-School Grad
20.9 sq mi
ZIP Area
2,028
Density / Sq Mi
$80,774
Median Household Income
$48,043
Median Earnings
$1,690
Median Rent
$425,500
Median Home Value

Market

Vacancy Rate% for Retail in Jacksonville, FL

6.3% 2019
7.5% 2020
5.6% 2021
5.5% 2022
5.8% 2023
5.8% 2024
6.6% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail plaza in Jacksonville's coveted area.
Where is this shopping center located?
The property is located at 3503 Kernan Boulevard South Jacksonville, FL.
What are key features of this property?
This property features: Shadow‑anchored by Publix, providing strong retail synergy and consistent traffic.; Located in a high‑growth Jacksonville MSA with favorable economics and no state income tax.; Prime infill location with immediate proximity to Beach Boulevard (52,000 AADT) and close to major institutions and the St. Johns Town Center.
More about this property
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