Income-Producing Commercial Property For
For Sale
$1,800,000
5804 Beach Boulevard, Jacksonville, FL 32207
Well-maintained commercial property with two established tenants and long-term leases.
Property Size12,000 SF
Price / SF$150
Days on Market425
Property Features for 5804 Beach Boulevard
General Information
Standard status
Active
Size
12,000 SF
Property subtype
Commercial Sale / Mixed Use
Amenities
Central Air, Electric, Yes
Central, Electric, Yes
1
Yes
0.0
1.0
12000.0
Assessor
True
Building Details
Year Built
1970
Units
2
Listing Agency:
PREMIER HOMES REALTY INC
(904) 449-1855
Listed By:
Tari Taylor · License #3117533
(904) 449-1855
Source:
Compass
Added: Jun 12, 2025
Changed: Aug 10
Last Checked: Aug 10 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 PREMIER HOMES REALTY INC
Investment Insights
Based on property information with market context.
This commercial property features approximately 12,000 square feet of income-producing space. It is currently occupied by two established tenants. The main unit, a beauty supply shop, occupies approximately 10,000 to 10,500 square feet and is leased at $8,225 per month, which includes sales tax. The lease agreement includes a 3% annual rent increase and extends through July 31, 2032. The tenant is responsible for 50% of the property taxes and liability insurance, with the landlord covering the remaining 50% of the taxes. The end unit, a barbershop of roughly 1,500 square feet, is leased at $2,300 per month. This tenant has occupied the space for 15 years on a month-to-month basis and pays liability insurance. The roof was replaced approximately seven years ago, and a new 20-ton AC unit was installed in 2023. The property includes 15 dedicated parking spaces.
Key Highlights
- Significant income‑producing potential with approximately 12,000 sq ft of commercial space and two established tenants.
- Long‑term lease with main tenant (beauty supply shop) extending through July 31, 2032, providing stable income for seven years.
- Favorable lease terms with the main tenant paying 50% of property taxes and liability insurance.
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
$158,400
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
8.80%
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%
$3,168,000
$3.2M
Cap Rate 7%
$2,262,857
$2.3M
Cap Rate 9%
$1,760,000
$1.8M
Market Conditions
NOI Build-Up for 12,000 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
$288.0K $24.00/SF
− Vacancy
−$34.6K −$2.88/SF
EGI
$253.4K $21.12/SF
− OpEx
−$95.0K −$7.92/SF
NOI
$158.4K $13.20/SF
Area
Jacksonville, FL
Vacancy
12.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
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%
$3,168,000
Cap Rate 7%
$2,262,857
Cap Rate 9%
$1,760,000
Alternative Uses
Best Use
Mixed Use
$2.26M
$1.98M – $2.64M
NOI $158,400 @ 7.0% cap · market cap 8.80%
Second Best
Retail
$1.94M
$1.70M – $2.26M
NOI $135,626 @ 7.0% cap · market cap 7.53%
Theoretical Best
Office A
$3.29M
$2.88M – $3.84M
NOI $230,112 @ 7.0% cap · market cap 12.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,091
Businesses Nearby
Explore this area
Business Placement
Demographics for 32207, FL
36,207
Population
18,866
Households
1.9
Avg Household Size
39
Median Age
38%
College-Educated
86%
High-School Grad
11.4 sq mi
ZIP Area
3,176
Density / Sq Mi
$60,875
Median Household Income
$45,478
Median Earnings
$1,139
Median Rent
$254,800
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?
Mixed-use property - Well-maintained commercial property with two established tenants and long-term leases.
Where is this mixed-use property located?
The property is located at 5804 Beach Boulevard Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Significant income‑producing potential with approximately 12,000 sq ft of commercial space and two established tenants.; Long‑term lease with main tenant (beauty supply shop) extending through July 31, 2032, providing stable income for seven years.; Favorable lease terms with the main tenant paying 50% of property taxes and liability insurance.
