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Verizon Wireless Net Leased Investment
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4948 BIG ISLAND DR, Jacksonville, FL 32246

Net leased Verizon Wireless retail store in St. John’s Town Center.

Property Size4,049 SF
Price / SF$882.01
Days on Market72

Property Features for 4948 BIG ISLAND DR

General Information

Standard status Active
Size 4,049 SF
Property subtype Retail

Building Details

Year Built 2014
Listing Agency: Marcus & Millichap
Listed By: Scott Sandelin · License #FL SL636794
Source: Crexi
Added: May 26 Changed: Jul 10 Last Checked: Aug 4 at 10:21AM

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

Investment Insights

Based on property information with market context.

This net leased investment opportunity features a corporate-backed Verizon Wireless retail store in Jacksonville's St. John’s Town Center. The 4,049-square-foot building, constructed in 2014, is located on Big Island Drive, a key thoroughfare within the open-air mall. The Verizon store has been operating at this location since 2014 and has a Placer traffic ranking of 4th out of 17 stores within a 15-mile radius. The property includes multiple access points, excellent visibility, and ample parking via a reciprocal easement agreement with the adjacent retail center. It benefits from high-visibility frontage along Big Island Drive, which sees over 10,000 vehicles per day. The location also benefits from regional access via nearby Butler Blvd, which carries over 120,000 vehicles per day. The surrounding area has a population of 75,330 within a 3-mile radius and 190,642 within a 5-mile radius, with average household incomes of $99,073 and $97,573, respectively. The property is near top retailers such as the Apple Store, Lululemon, Tiffany & Co, Target, Costco, and Publix. The area is poised for growth due to planned and under-construction development projects featuring over 515,000 square feet of retail/mixed-use space and a 15,000-square-foot soccer stadium. Verizon Wireless, backed by a BBB+ credit rating (S&P) and a corporate guarantee from Cellco Partnership, has been a leading wireless telecommunications provider.

Key Highlights

  • Corporate‑backed Verizon Wireless with BBB+ credit rating, offering institutional‑grade investment security.
  • Located in St. John's Town Center, the premier shopping destination in the region.
  • High‑visibility frontage on Big Island Drive (10,000+ VPD) and exceptional regional access via Butler Blvd (120,000+ VPD).

Property Analytics

Current Use

Verizon Mobile Phone Store Verizon Business Services Business To Business Service

Suggested Use

Top Pick Big Box & Wholesale Store Auto Repair Shop Building Supply Electrical Service Kitchen & Bath Showroom Garden Center

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

1,192
Businesses Nearby
1.2M
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 34% Dining 27% Shops & Services 16% Superstores 11%
Costco Wholesale Superstores
136,002 visits/mo 0.2 miles
Dillard's Apparel
90,038 visits/mo 0.3 miles
DICK'S Sporting Goods Apparel
75,208 visits/mo 0.4 miles
Nordstrom Apparel
61,100 visits/mo 0.2 miles
Wawa Shops & Services
51,347 visits/mo 0.5 miles

Demographics for 32246, FL

58,105
Population
26,083
Households
2.2
Avg Household Size
36
Median Age
39%
College-Educated
93%
High-School Grad
19.1 sq mi
ZIP Area
3,042
Density / Sq Mi
$78,506
Median Household Income
$46,446
Median Earnings
$1,697
Median Rent
$281,800
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?
Retail space - Net leased Verizon Wireless retail store in St. John’s Town Center.
Where is this retail space located?
The property is located at 4948 BIG ISLAND DR Jacksonville, FL.
What is the asking price?
The asking price for this property is $3,571,250.
What are key features of this property?
This property features: Corporate‑backed Verizon Wireless with BBB+ credit rating, offering institutional‑grade investment security.; Located in St. John's Town Center, the premier shopping destination in the region.; High‑visibility frontage on Big Island Drive (10,000+ VPD) and exceptional regional access via Butler Blvd (120,000+ VPD).
(305) 761-5829 Call to check price and availability
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