5951 Arlington Expy Jacksonville, FL 32211

This exceptional mixed-use property, located at 5951 Arlington Expressway in Jacksonville, Florida, presents a compelling investment opportunity. The 5,549 square foot property, situated on a 0.96-acre lot, comprises two buildings and offers a blend of auto shop and storefront space, classified as a Class C property with CCG2 zoning. Built in 1965 and renovated in 1994, the property boasts 100% occupancy with a single tenant under a lease expiring January 31, 2026. The current Net Operating Income (NOI) stands at $58,053, yielding a 4.84% cap rate, and the asking price is $1,200,000 ($216.26 per square foot). The property benefits from high visibility and a central location, ideally situated to serve Arlington, Southside, the beaches, and downtown Jacksonville. The existing lease includes a landlord's right to terminate to avoid auto-renewal, requiring notice to the tenant by October 31, 2025. This presents a potential for future redevelopment or renovation upon tenant vacancy. The fenced lot adds to the property's versatility and appeal. This is a stable investment with a consistent NOI and the possibility of rent increases in 2025.