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    903 University Blvd Jacksonville, FL 32211

    For Lease
    $22 SF/Yr

    Prime Arlington Retail Space Available

    Lot size:
    188,880 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 188,880 square foot Class B retail strip center, located at 903 University Blvd N in Jacksonville, Florida (32211), presents a significant investment opportunity. Built in 1953 and extensively renovated in 2020, the property boasts 11 available spaces ranging from 885 to 15,000 contiguous square feet, with a total of 113,139 square feet currently vacant. Situated on a 19.21-acre lot, the center benefits from high visibility and accessibility on two major roadways: the Arlington Expressway (66,500 vehicles per day) and University Boulevard (33,791 vehicles per day). The property is zoned CCG-1 in Duval County and is part of the Arlington submarket. Under new ownership, the center is undergoing exterior renovations to enhance its appeal and create a vibrant community gathering space. This is a rare chance to acquire a well-located retail property with significant upside potential in a growing Jacksonville submarket. The minimum divisible space is 885 square feet. The property offers excellent frontage, access, and visibility, making it an ideal location for a variety of retail businesses.

    Property Features for 903 University Blvd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    188,880 SF
    Class
    B
    Total Rate
    346280

    Building Details

    Year Built/Renovated
    1953/2020

    Unit(s) available at that property

    Space
    Suite 933
    Size
    2,595 SF
    Rate per SF
    $22
    Space
    Suite 915
    Size
    1,558 SF
    Rate per SF
    $22
    Space
    Suite 909
    Size
    4,660 SF
    Rate per SF
    $22
    Space
    Suite 955
    Size
    6,529 SF
    Rate per SF
    $22
    Space
    Suite 987
    Size
    2,409 SF
    Rate per SF
    $22
    Space
    Suite 939
    Size
    2,622 SF
    Rate per SF
    $22
    Space
    Suite 957
    Size
    7,750 SF
    Rate per SF
    $22
    Space
    Suite 923
    Size
    7,781 SF
    Rate per SF
    $22
    Space
    Suite 903
    Size
    6,612 SF
    Rate per SF
    $22
    Space
    Suite 945
    Size
    10,737 SF
    Rate per SF
    $22
    Space
    Suite 995
    Size
    885 SF
    Rate per SF
    $22

    HighLights

    • Modernized building façade.
    • Enhanced parking and landscaping.
    • Fully ADA compliant.
    • Energy‑efficient LED lighting throughout.
    • 100 market‑rate apartment units.
    • On‑site Shipyard shipping container food hall and entertainment venue.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Twice the Ice Ice Supplier Coinstar Kiosk - Bitcoin ... Atm Primo Water Exchange Bottled Water Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.6019003
    Latitude
    30.328597

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Arlington Retail Space Available
    Where is this neighborhood center located?
    The property is located at 903 University Blvd Jacksonville, FL.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Modernized building façade.; Enhanced parking and landscaping.; Fully ADA compliant.
    Request Owner's contact information
    903 University Blvd Jacksonville, FL 32211
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    Jacksonville, FL 32211
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    903 University Blvd Jacksonville, FL 32211
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