Freestanding Retail Investment
For Sale
Contact for pricing
4380 Moncrief Rd W, Jacksonville, FL 32209
Freestanding retail property with a long-term lease and renewal options.
Property Size8,320 SF
Lot Size2.52 Acres
Price / SF$204.33
Days on Market780
Property Features for 4380 Moncrief Rd W
General Information
Standard status
Active
Size
8,320 SF
Lot size
2.52 Acres
Property subtype
Retail
Zoning
CN
Building Details
Year Built
2013
Buildings
1
Listing Agency:
Cantrell & Morgan
Listed By:
Kayla Deguzman · License #FL
(904) 208-1168
Source:
Crexi
Added: Aug 23, 2024
Changed: Oct 9
Last Checked: Oct 11 at 6:40AM
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 Cantrell & Morgan
Investment Insights
Based on property information with market context.
This freestanding retail property, located at 4380 Moncrief Rd W in Jacksonville, FL, presents an investment opportunity. The property is currently occupied by a dark Family Dollar Store that continues to pay rent. The lease has 4 years remaining on the current term, with 20 years of renewals in place. The property is zoned CN (Commercial Neighborhood) and includes an 8,320 SF building on a 2.52-acre lot. It features ample paved parking, prominent monument signage, and dual access points. Situated near the signalized intersection of Moncrief Rd and Cleveland Rd, the site benefits from visibility and traffic flow, making it suitable for investors or future retail use.
Key Highlights
- Reliable income stream with a tenant currently paying rent.
- Lease with 4 years remaining and 20 years of renewals in place.
- Large 2.52‑acre lot with an 8,320 SF building.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,034
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,880,680
$1.9M
Cap Rate 7%
$1,343,343
$1.3M
Cap Rate 9%
$1,044,822
$1.0M
Market Conditions
NOI Build-Up for 8,320 SF
Gross rent
$149.8K $18.00/SF
− Vacancy
−$15.4K −$1.85/SF
EGI
$134.3K $16.15/SF
− OpEx
−$40.3K −$4.84/SF
NOI
$94.0K $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 Rate 5%
$1,880,680
Cap Rate 7%
$1,343,343
Cap Rate 9%
$1,044,822
Alternative Uses
Best Use
Retail
$1.34M
$1.18M – $1.57M
NOI $94,034 @ 7.0% cap · market cap 5.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.28M
$1.99M – $2.66M
NOI $159,544 @ 7.0% cap · market cap 9.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
141
Businesses Nearby
Explore this area
Business Placement
Demographics for 32209, FL
36,656
Population
17,706
Households
2.1
Avg Household Size
37
Median Age
12%
College-Educated
82%
High-School Grad
9.3 sq mi
ZIP Area
3,942
Density / Sq Mi
$29,468
Median Household Income
$26,435
Median Earnings
$1,042
Median Rent
$92,300
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 - Freestanding retail property with a long-term lease and renewal options.
Where is this retail space located?
The property is located at 4380 Moncrief Rd W 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: Reliable income stream with a tenant currently paying rent.; Lease with 4 years remaining and 20 years of renewals in place.; Large 2.52‑acre lot with an 8,320 SF building.
