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Property profile & analytics
FOR LEASE
Strip malls

11035 Philips Hwy Jacksonville, FL 32256

26,519 SF 2.25 ac lot Built 1998
Entity Owned 12-yr Hold Free & Clear
Property ID
US19-0715609
Property summary
AI-generated overview

Avenues South, a single-story, 26,632 square foot shopping center in Duval County, offers exceptional retail and restaurant opportunities. Built in 1998 on a 2.25-acre lot, this established center boasts a prime location just south of The Avenues Mall, strategically positioned amidst a concentration of new car dealerships and furniture stores, ensuring high visibility and foot traffic. The property features a total of 26,632 square feet of retail/showroom space, currently offering two available spaces ranging from 2,600 to 4,450 square feet, ideal for a variety of businesses. The property's APN is 156590-0200. This is a multi-tenant property presenting a unique chance to establish or expand your business in a thriving commercial area. The building's single-story design provides easy accessibility and ample parking for customers and employees. Its location within a well-established retail corridor guarantees a strong customer base and significant potential for growth. This property represents a compelling investment opportunity in a high-demand area with excellent visibility and convenient access. The property's established presence and strategic location make it an attractive option for businesses seeking a strong foothold in a bustling commercial district. Contact us today to learn more about this exceptional retail opportunity.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1998
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 26,519 SF
Lot 2.25 ac (98,222 SF)
Zoning code CCG-1
APN 156590-0200
UPID US19-0715609
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Shane's Sandwich Shop Inc Take-out & Catering
  • Galaxy Energy Health Counselor
  • Rosati's Pizza Restaurant
  • Dollar Car Rental - Jacksonville South Hle Dollar DLE Car Rental Facility
  • Reach Destiny Arts Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$815k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.14M
Owner & transaction history
Gates Of The Avenues South LLC · 12 yrs held
Gates Of The Avenues South LLC
since 2014
3 recorded transactions
2014
$1.5M
2004
$2.4M
2004
$4.9M
Zoning & alternative use
CCG-1 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(CCG-1), Commercial Community/General-2 (CCG-2), and Planned Unit Development (PUD) having commercial uses. (c) Building Form and Finish Materials. The following general provisions shall apply to all Development in the Mayport Road Zoning Overlay. (1) Roofs, which give the appearance of a flat roof from any street side of the building, are prohibited. Roofs…

Zone name Commercial Community General 1
General category COMMERCIAL
Zone area 6,934.94 ac
Source Zoning Ordinance
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