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    Freestanding Retail Investment Opportunity Title is generated by Realmo AI

    4380 Moncrief Rd W, Jacksonville, FL 32209

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    Freestanding retail property with a long-term lease and renewal options.

    Type:Retail
    Property size:
    8,320 SF
    Lot size:
    2.52 Acres
    Price / SF:
    $204/SF
    Added:
    Aug 23, 2024
    Days on Market:
    684
    Last Refresh:
    Jul 4 at 10:31 am

    Property Features for 4380 Moncrief Rd W

    General Information

    Standard status
    Active
    Size
    8,320 SF
    Lot size
    2.52 Acres
    Property subtype
    Retail

    Building Details

    Year Built
    2013

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    Kayla Deguzman
    Kayla Deguzman

    Listing office Cantrell & Morgan

    Listing date Aug 23, 2024

    Source Crexi

    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

    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.
    • Excellent visibility and strong traffic flow near a signalized intersection.
    • Ample paved parking and dual access points.
    • Zoned CN (Commercial Neighborhood) offering future retail use potential.

    Overview

    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.

    Local 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 $149.8k $18.00
    − Vacancy −$15.4k −$1.85
    EGI $134.3k $16.15
    − OpEx −$40.3k −$4.84
    NOI $94.0k $11.30
    8,320 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.34M
    $1.18M – $1.57M (±1% cap)
    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 (±1% cap)
    NOI $159,544 @ 7.0% cap · market cap 9.38%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Family Dollar Discount Store

    Suggested Use

    Real Estate Agency Law Firm Dental Office Restaurant Building Supply Big Box & Wholesale Store Auto Parts Store Parking Lot & Garage Gym & Fitness Center Spa & Massage Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.7165858
    Latitude
    30.3872144

    FAQs

    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.
    (904) 208-1168 Call to check price and availability
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