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New Class A Distribution Center
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7489 Commonwealth Ave, Jacksonville, FL 32220

New industrial distribution center with convenient access to major transportation.

Space Size121,938 SF
Property Size230,060 SF
Days on Market1506

Property Features for 7489 Commonwealth Ave

General Information

Standard status Active
Size 121,938 SF
Total Parking Spaces 170
Property subtype Industrial

Building Details

Building Size 230,060 SF
Year Built 2023
Tenancy Multiple

Spaces For Lease

at 7489 Commonwealth Ave Contact us

7489 Commonwealth Ave - Building 1

Size
121,938 SF
Type
Industrial
Availability
Active
Contact us
Listing Agency: Cushman & Wakefield - Jacksonville, Florida
Listed By: Jacob Horsley · License #FL 3222126
Source: Crexi
Added: Jul 22, 2022 Changed: Sep 4 Last Checked: Sep 3 at 12:41PM

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 Cushman & Wakefield - Jacksonville, Florida

Investment Insights

Based on property information with market context.

Commonwealth Logistics Center is a new Class A industrial distribution center situated within Jacksonville's Westside Submarket, located at the corner of Commonwealth Ave and Imeson Rd. The property is designed to maximize the flexibility of uses, with two buildings totaling 502,250 square feet. Commonwealth Logistics Center offers cross-dock and rear loading and convenient access to the I-295 Beltway System, I-10, the JAXPORT Blount Island Marine Terminals and the Jacksonville International Airport. It is the ideal Southeast distribution center location. Within an 8-hour drive time, 60 million consumers can be reached.

Key Highlights

  • New Class A Industrial Distribution Center (Built in 2023)
  • Ideal Southeast distribution center location at Commonwealth Ave and Imeson Rd
  • Convenient access to I‑295, I‑10, JAXPORT, and Jacksonville International Airport

Property Analytics

Current Use

Distribution centers

Suggested Use

Top Pick Electrical Service Plumbing Service Dental Office Pharmacy Furniture & Home Goods Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

193
Businesses Nearby

Demographics for 32220, FL

13,037
Population
5,223
Households
2.5
Avg Household Size
42
Median Age
18%
College-Educated
89%
High-School Grad
38.6 sq mi
ZIP Area
338
Density / Sq Mi
$80,236
Median Household Income
$41,243
Median Earnings
$1,188
Median Rent
$229,200
Median Home Value

Market

Lease Benchmarks for Jacksonville, FL

$9.99 /SF/Yr
Avg Asking Price
$6.95–$12.5 /SF/Yr
Price Range
160,113 SF
Avg Space Size

Vacancy Rate% for Industrial in Jacksonville, FL

4.6% 2019
5.9% 2020
3.6% 2021
1.9% 2022
3.7% 2023
7.3% 2024
10.8% 2025
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Frequently Asked Questions

What type of property is this?
Distribution center - New industrial distribution center with convenient access to major transportation.
Where is this distribution center located?
The property is located at 7489 Commonwealth Ave Jacksonville, FL.
What are key features of this property?
This property features: New Class A Industrial Distribution Center (Built in 2023); Ideal Southeast distribution center location at Commonwealth Ave and Imeson Rd; Convenient access to I‑295, I‑10, JAXPORT, and Jacksonville International Airport
(904) 380-8335 Call to check price and availability
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