4380 Moncrief Rd W, Jacksonville, FL 32209
Freestanding retail property with a long-term lease and renewal options.
- Added:
- Aug 23, 2024
- Days on Market:
- 684
- Last Refresh:
- Jul 4 at 10:31 am
Property Features for 4380 Moncrief Rd W
General Information
- Standard status
- Active
- Size
- 8,320 SF
- Lot size
- 2.52 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2013
Listing office Cantrell & Morgan (904) 208-1168
Listing date Aug 23, 2024
Source Crexi
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 Cantrell & Morgan
HighLights
- Reliable income stream with a tenant currently paying rent.
- Lease with 4 years remaining and 20 years of renewals in place.
- Large 2.52‑acre lot with an 8,320 SF building.
- Excellent visibility and strong traffic flow near a signalized intersection.
- Ample paved parking and dual access points.
- Zoned CN (Commercial Neighborhood) offering future retail use potential.
Overview
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 | $149.8k | $18.00 |
| − Vacancy | −$15.4k | −$1.85 |
| EGI | $134.3k | $16.15 |
| − OpEx | −$40.3k | −$4.84 |
| NOI | $94.0k | $11.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.7165858
- Latitude
- 30.3872144