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550 Wells Rd Orange Park, FL 32073

OFF-MARKET Lifestyle centers Google Maps
25,569 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 2,813 square foot retail space, located at 550 Wells Rd in the Shoppes of Wells Landing in Orange Park, Florida (zip code 32073), presents a fantastic opportunity for a fast-casual restaurant. Previously occupied by a Loop restaurant, this second-generation space is equipped with existing gas connections, a hood system, and a walk-in freezer, significantly reducing initial build-out costs. The suite benefits from a convenient dumpster pad directly behind it and enjoys a desirable corner location within the center, offering excellent visibility and accessibility. Ample parking is available for patrons. The Shoppes of Wells Landing is a well-maintained shopping center in Clay County, boasting strong occupancy rates and a diverse mix of retail and professional service tenants. The center features attractive curb appeal. This space requires only cosmetic upgrades, making it an ideal location for a quick and efficient launch. Depending on the terms and financial qualifications of the tenant, a tenant improvement allowance or abatement may be available. The total building square footage of the shopping center is 25,569 square feet. This single-tenant space is ready for immediate occupancy.

Property profile

Verified
Property type Lifestyle centers
Total area 25,569 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Shopping Center & Mall
  • Bank Loan Service
  • Real Estate Agency
  • Physician

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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