3134 N Canal St Jacksonville, FL 32209
For Sale
This exceptional investment opportunity presents a 10,500-square-foot Family Dollar store located at 3134 N Canal St, Jacksonville, FL 32209. Built in 2023, this single-tenant property boasts a 100% occupancy rate and a strong net operating income (NOI) of $149,625, translating to a 6.00% cap rate. The asking price is $2,493,750, or $237.50 per square foot. The property benefits from a triple-net (NNN) lease, minimizing landlord responsibilities. The tenant, a nationally recognized and highly successful retailer, offers investment-grade stability and resilience against economic downturns and e-commerce competition. The property's strategic location enjoys high visibility and significant traffic volume, with a daily vehicle count exceeding 22,000 on the nearby MLK Pkwy and over 4,100 on N Canal St. This is a rare chance to acquire a high-performing, low-maintenance retail asset with a long-term lease, providing a secure and lucrative investment for years to come. The property is classified as a storefront retail space within Duval County.
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Dollar Tree Department Store Grocery & Convenience Store
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Family Dollar Discount Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PUD · Jacksonville, FLJacksonville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.