Fully Leased Retail
514 Chaffee Point Blvd Jacksonville, FL 32221
For Sale
Contact for pricing
Retail property is 100% occupied with long-term tenants in place; a rent roll is available for review.
Property Size7,892 SF
Price / SF$133.05
Days on Market168
Property Features for 514 Chaffee Point Blvd
General Information
- Standard status
- Active
- Size
- 7,892 SF
- Property subtype
- RETAIL
Listing Agency:
Kahle Commercial Group
(904) 541-0700
Listed By:
Cynthia McLain
(904) 541-0700
Source:
Moodyscre
Added: Feb 5
Changed: Jul 23
Last Checked: Jul 23 at 10:07AM
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 Kahle Commercial Group
Investment Insights
Based on property information with market context.
This for-sale retail property is fully leased, with 100% occupancy and long-term tenants in place. The current rent roll is available for review, supporting straightforward diligence for prospective buyers.
The property is located at 514 Chaffee Point Blvd in Jacksonville, Florida 32221.
With the building already operating under established tenancy, the offering is positioned around existing in-place income rather than redevelopment. Rent roll documentation is included, which can help streamline the financial evaluation process.
The property is located at 514 Chaffee Point Blvd in Jacksonville, Florida 32221.
With the building already operating under established tenancy, the offering is positioned around existing in-place income rather than redevelopment. Rent roll documentation is included, which can help streamline the financial evaluation process.
Key Highlights
- Fully leased/100% occupied retail property
- Long‑term tenants in place
- Rent roll included and available for review
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 | $142.1k | $18.00 |
| − Vacancy | −$14.6k | −$1.85 |
| EGI | $127.4k | $16.15 |
| − OpEx | −$38.2k | −$4.84 |
| NOI | $89.2k | $11.30 |
7,892 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.27M
$1.11M – $1.49M
NOI $89,197 @ 7.0% cap · market cap 8.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.16M
$1.89M – $2.52M
NOI $151,337 @ 7.0% cap · market cap 14.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Jacksonville Videography
Film Production
Color Vibe Hair ...
Hair Salon
Jax Mustang
Clothing & Fashion Store
Christy Whitehead Photography, ...
Photography Service
Oaks Photo Booth
Wedding Service
FAQs
What type of property is this?
Retail space - Retail property is 100% occupied with long-term tenants in place; a rent roll is available for review.
Where is this retail space located?
The property is located at 514 Chaffee Point Blvd Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Fully leased/100% occupied retail property; Long‑term tenants in place; Rent roll included and available for review