About This Property

Fully leased multi-tenant retail asset strategically positioned at the intersection of I-10 and Cassat Avenue in West Jacksonville. The approximately 12,236 SF property is 100% occupied by seven tenants, providing investors with a diversified and established income stream from day one. Property generates approximately $171,109 in annual NOI, representing an attractive 6.70% cap rate. The property benefits from excellent visibility and accessibility along Cassat Avenue, immediately adjacent to the I-10 interchange. I-10 carries approximately 136,000 vehicles per day, providing significant exposure and convenient connectivity to Downtown Jacksonville, surrounding employment centers, and the greater Jacksonville market. A prominent pylon sign along Cassat Avenue further enhances tenant visibility and identification.

Key Features

• 0.9 Acres Lot
• Built in 1985

Property Details

• Type: Single Family Home
• Year Built: 1985
• Lot Size: 0.9 sq ft
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: 0.9 Acres Lot
• Feature: Built in 1985
• Status: Active
• MLS Number: 20261022193854764072000000
• Days on Market: 21
• Listed By: PETRA MANAGEMENT INC. · ELIAS HIONIDES
• Zip Code: 32205