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Normandy Village Plaza Portfolio

2 Retail Properties in Jacksonville, FL

Investment Highlights

  • Growth Area: The property is located in a growing Jacksonville submarket, with nearby residential developments and thriving local economy.
  • The fully leased 1584 Normandy Village Pkwy medical office generates a reliable annual NOI of $342,496.44.

Executive Summary

Investment Opportunity: Normandy Village Plaza offers a balanced investment with current income from the leased medical office and the potential to redevelop or re-lease the former Publix space. Strategic Location: With high traffic counts, proximity to major highways, and a strong local economy, this property is well-positioned for long-term growth and income generation.
Value-Add Opportunity: This property offers a mix of stable income from the fully leased medical office and significant redevelopment potential with the former Publix space, making it a strong value-add investment.
High Traffic and Accessibility: Located on a busy road with 31,500 VPD, Normandy Village Plaza benefits from high visibility and ease of access, making it attractive for future tenants or redevelopment projects.

Property Facts

Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 2
Total Building Size 82,705 SF
Total Land Area 10.70 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Normandy Village Shopping Center
1550 Normandy Village Pky, Jacksonville, FL 32221
Retail 51,982 SF 1988 $4,600,000
1584 Normandy Village Pky, Jacksonville, FL 32221 Retail 30,723 SF 1988 $4,650,000
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  • Listing ID: 33391929

  • Date on Market: 10/3/2024

  • Last Updated:

  • Address: Normandy Village Plaza Portfolio, Jacksonville, FL

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