Retail Space for
For Sale
Contact for pricing
5160 Sunbeam Rd, Jacksonville, FL 32257
For sale retail property available as part of a portfolio or individually in Jacksonville, Florida.
Property Size28,501 SF
Price / SF$141.79
Days on Market176
Property Features for 5160 Sunbeam Rd
General Information
Standard status
Active
Size
28,501 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$272,772
Additional Details
Cap Rate
6.75%
Building Details
Year Built
1982
Buildings
1
Tenancy
Single
Listing Agency:
Matthews
Listed By:
Lee Cordova · License #714883
(214) 692-2191
Source:
Crexi
Added: Mar 16
Changed: Aug 24
Last Checked: Sep 6 at 9:23AM
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 Matthews
Investment Insights
Based on property information with market context.
This for-sale retail property in Jacksonville, Florida can be purchased either as part of a portfolio or individually, offering flexibility for investors and owner-users.
The asset is listed as a retail space and may be acquired in a group arrangement or as a standalone transaction, depending on the buyer’s goals.
If you’re evaluating multiple opportunities, the ability to purchase as a portfolio may streamline acquisition. If you’re targeting a single property, the option to buy individually supports a more focused approach.
The asset is listed as a retail space and may be acquired in a group arrangement or as a standalone transaction, depending on the buyer’s goals.
If you’re evaluating multiple opportunities, the ability to purchase as a portfolio may streamline acquisition. If you’re targeting a single property, the option to buy individually supports a more focused approach.
Key Highlights
- Retail property for sale in Jacksonville, Florida, available as part of a portfolio or individually
- Year built: 1982
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$322,124
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.97%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,442,480
$6.4M
Cap Rate 7%
$4,601,771
$4.6M
Cap Rate 9%
$3,579,156
$3.6M
Market Conditions
NOI Build-Up for 28,501 SF
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.
Gross rent
$513.0K $18.00/SF
− Vacancy
−$52.8K −$1.85/SF
EGI
$460.2K $16.15/SF
− OpEx
−$138.1K −$4.84/SF
NOI
$322.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,442,480
Cap Rate 7%
$4,601,771
Cap Rate 9%
$3,579,156
Alternative Uses
Best Use
Retail
$4.60M
$4.03M – $5.37M
NOI $322,124 @ 7.0% cap · market cap 7.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.81M
$6.83M – $9.11M
NOI $546,535 @ 7.0% cap · market cap 13.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
579
Businesses Nearby
3k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 80%
Electronics 20%
Napa Auto Parts
Shops & Services
1,683 visits/mo
0.5 miles
Public Storage
Shops & Services
951 visits/mo
0.4 miles
Metro by T-Mobile
Electronics
678 visits/mo
0.1 miles
Demographics for 32257, FL
41,439
Population
18,465
Households
2.2
Avg Household Size
40
Median Age
36%
College-Educated
93%
High-School Grad
12.3 sq mi
ZIP Area
3,369
Density / Sq Mi
$75,180
Median Household Income
$45,772
Median Earnings
$1,441
Median Rent
$305,000
Median Home Value
Market
Vacancy Rate% for Retail in Jacksonville, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - For sale retail property available as part of a portfolio or individually in Jacksonville, Florida.
Where is this retail space located?
The property is located at 5160 Sunbeam Rd Jacksonville, FL.
What is the asking price?
The asking price for this property is $4,041,066.
What are key features of this property?
This property features: Retail property for sale in Jacksonville, Florida, available as part of a portfolio or individually; Year built: 1982
