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Commonwealth Shopping Center 1020 Edgewood Ave N
870 - 2,550 SF of Retail Space Available in Jacksonville, FL 32254
Highlights
- Strong lineup of regional and national tenants including Rowe's IGA, Dollar Tree, Hibbett's Sports and more
- Outparcels available for purchase or ground Lease
- Recent renovations to the property including paint, parking lot resurfacing, new pylon and landscaping
- Strong daytime population of 205,000 within 5 miles
- Wawa coming soon on the hard intersection
- Close proximity to I-10 and I-295
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 10 | 1,680 SF | - | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $30,240 /YR $2,520 /MO | Triple Net (NNN) | |
| 1st Floor, Ste 20 | 870 SF | 10’ | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $15,660 /YR $1,305 /MO | Triple Net (NNN) |
1012-1020 Edgewood Ave N - 1st Floor - Ste 10
Current JSO office, can be combined with the adjacent 4,800 SF space for up to 6,480 SF.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
1012-1020 Edgewood Ave N - 1st Floor - Ste 20
Former Subway dining area.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space In Need of Renovation
- Finished Ceilings: 10’
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
SELECT TENANTS AT Commonwealth Shopping Center
- Dollar Tree
- Hibbett Sporting Goods Inc.
- Jackson Hewitt
- Pizza Hut
- Subway
PROPERTY FACTS FOR 1020 Edgewood Ave N , Jacksonville, FL 32254
| Center Type | Community Center | Gross Leasable Area | 103,312 SF |
| Parking | 693 Spaces | Total Land Area | 23.88 AC |
| Stores | 15 | Year Built | 1984 |
| Center Properties | 7 | Cross Streets | Edgewood Ave & Commonwealth Ave |
| Frontage | 1,313’ on Edgewood Ave N |
| Center Type | Community Center |
| Parking | 693 Spaces |
| Stores | 15 |
| Center Properties | 7 |
| Frontage | 1,313’ on Edgewood Ave N |
| Gross Leasable Area | 103,312 SF |
| Total Land Area | 23.88 AC |
| Year Built | 1984 |
| Cross Streets | Edgewood Ave & Commonwealth Ave |
About the Property
Grocery anchored center located in Northwest Jacksonville at the intersection of Commonwealth and Edgewood Ave. Anchored by a strong performing Rowe's IGA, Dollar Tree, Hibbett's Sport, and more. Located in an Opportunity Zone in Northwest Jacksonville. Can be converted to Light Industrial.
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Commonwealth Shopping Center | 1020 Edgewood Ave N
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