Stand-Alone Retail
For Sale
Contact for pricing
8136 Atlantic Blvd, Jacksonville, FL 32216
5,898 SF stand-alone retail building zoned CCG-2 near major Jacksonville employers and corridors.
Property Size5,898 SF
Price / SF$288.23
Days on Market521
Property Features for 8136 Atlantic Blvd
General Information
Standard status
Active
Size
5,898 SF
Property subtype
RETAIL
Zoning
CCG-2
Building Details
Buildings
1
Listing Agency:
NAI Hallmark | Jacksonville
(904) 363-9002
Listed By:
Austin Kay · License #3281187
(904) 386-4881
Source:
Moodyscre
Added: Apr 17, 2025
Changed: Sep 10
Last Checked: Sep 18 at 8:22AM
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 NAI Hallmark | Jacksonville
Investment Insights
Based on property information with market context.
This stand-alone retail building offers 5,898 SF and is set up for retail use. The property is zoned CCG-2.
The location is convenient to Jacksonville University, the San Marco submarket, Downtown Jacksonville, and major corridors. It is also positioned near hospitals and new apartment developments, with access to both the North and South bank areas.
With its stand-alone configuration and retail zoning, the building can serve a variety of retail tenant needs seeking a dedicated site in the Jacksonville market.
The location is convenient to Jacksonville University, the San Marco submarket, Downtown Jacksonville, and major corridors. It is also positioned near hospitals and new apartment developments, with access to both the North and South bank areas.
With its stand-alone configuration and retail zoning, the building can serve a variety of retail tenant needs seeking a dedicated site in the Jacksonville market.
Key Highlights
- 5,898 SF stand‑alone retail building
- Zoned CCG‑2
- Minutes to Jacksonville University
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
$66,660
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
3.92%
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%
$1,333,200
$1.3M
Cap Rate 7%
$952,286
$952.3K
Cap Rate 9%
$740,667
$740.7K
Market Conditions
NOI Build-Up for 5,898 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
$106.2K $18.00/SF
− Vacancy
−$10.9K −$1.85/SF
EGI
$95.2K $16.15/SF
− OpEx
−$28.6K −$4.84/SF
NOI
$66.7K $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%
$1,333,200
Cap Rate 7%
$952,286
Cap Rate 9%
$740,667
Alternative Uses
Best Use
Retail
$952.3K
$833.3K – $1.11M
NOI $66,660 @ 7.0% cap · market cap 3.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.62M
$1.41M – $1.89M
NOI $113,100 @ 7.0% cap · market cap 6.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
934
Businesses Nearby
80k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Dining 27%
Groceries 19%
Electronics 1%
Harveys Supermarket
Groceries
15,000 visits/mo
0.4 miles
VyStar Credit Union
Shops & Services
11,488 visits/mo
0.2 miles
Family Dollar
Shops & Services
7,775 visits/mo
0.0 miles
Captain D's
Dining
7,504 visits/mo
0.1 miles
Checkers
Dining
7,491 visits/mo
0.4 miles
Demographics for 32216, FL
42,847
Population
19,796
Households
2.2
Avg Household Size
37
Median Age
32%
College-Educated
92%
High-School Grad
12.7 sq mi
ZIP Area
3,374
Density / Sq Mi
$63,253
Median Household Income
$44,078
Median Earnings
$1,311
Median Rent
$244,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 - 5,898 SF stand-alone retail building zoned CCG-2 near major Jacksonville employers and corridors.
Where is this retail space located?
The property is located at 8136 Atlantic Blvd Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 5,898 SF stand‑alone retail building; Zoned CCG‑2; Minutes to Jacksonville University
