1584 Normandy Village Pky
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1584 Normandy Village Pky
30,723 SF 100% Leased Retail Building Jacksonville, FL 32221 $4,650,000 ($151/SF) 7.38% Cap Rate
Investment Highlights
- 1584 Normandy Village Pkwy: 27,328 SF (fully leased medical office)
- Zoning: CCG-1
- $342,496.44 from the leased medical office at 1584 Normandy Village Pkwy.
Executive Summary
Franklin Street is exclusively offering the rare opportunity to acquire 1584 Normandy Village Parkway, a prime asset totaling 27,328 square feet in a high-growth Jacksonville submarket. This offering includes a fully leased 27,328-squarefoot medical office building with an annual NOI of $342,496.44. Located along busy Normandy Boulevard, the plaza benefits from high traffic, proximity to major retailers, and new residential developments. With easy access to I-295 and a thriving local economy, Normandy Village Plaza is perfectly positioned for both income generation and future growth.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
30,723 SF
Building Class
C
Year Built
1988
Price
$4,650,000
Price Per SF
$151
Cap Rate
7.38%
NOI
$343,344
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
3.21 AC
Zoning
CCG-1 - Commercial Community/General
Parking
216 Spaces (6.5 Spaces per 1,000 SF Leased)
Frontage
595 FT on Normandy Village Parkway
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 007628-3800 | Improvements Assessment | $2,370,016 |
| Land Assessment | $419,484 | Total Assessment | $2,789,500 |
PROPERTY TAXES
Parcel Number
007628-3800
Land Assessment
$419,484
Improvements Assessment
$2,370,016
Total Assessment
$2,789,500
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1584 Normandy Village Pky
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