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10 AC Truck Terminal 17339 New Brandy Branch Rd

14,030 SF Industrial Building Jacksonville, FL 32234 $2,200,000 ($156.81/SF) 7.43% Cap Rate

INVESTMENT HIGHLIGHTS

  • Located in the Westside of Jacksonville, this property is strategically located 1.2 miles from I-10 and 1.6 miles from US 90.
  • Proven long term tenancy to continue with new lease
  • This submarket has seen YOY rent growth of 9.9% and vacancy rates of 5.6%.

EXECUTIVE SUMMARY

17339 BRANDY BRANCH RD
Strategically located in the Westside of Jacksonville, just 1.2 miles from I-10 and 1.6 miles from US 90, this ±14,030 SF single-tenant industrial-use property sits on a generous ±9.74 AC lot. The Lot itself is zoned AGR (not light industrial) with permitted exception as Truck Terminal.
Featuring two metal buildings with drive-ins, fenced yard, and power capacity:
Building 1: +-6,910 SF, 3p, 250 Amps
Building 2: +-7,120 SF, 3p, 400 Amps
The property boasts a proven long-term tenant, CEI, specializing in solid waste transportation services with over 25 years of experience.
With an existing NOI of $163,434 from an NNN lease with ±2 years remaining, this property represents a stable and lucrative investment in a submarket that has seen significant growth. Tenant is ready for new lease with Buyer.
Take advantage of the high-demand and high-growth area of Jacksonville, FL, by acquiring this asset at 17339 Brandy Branch Rd.

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL ANNUAL PER SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $163,434 $11.65

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $163,434
Annual Per SF $11.65

PROPERTY FACTS Under Contract

Price $2,200,000
Price Per SF $156.81
Sale Type Investment
Cap Rate 7.43%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Truck Terminal
Building Class C
Lot Size 10.00 AC
Rentable Building Area 14,030 SF
No. Stories 1
Year Built 1973
Tenancy Single
Clear Ceiling Height 24’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 2

AMENITIES

  • Fenced Lot
  • Yard

UTILITIES

  • Water - Well
  • Sewer - Septic Field

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Custom Ecology Inc
  • Waste Management and Remediation Services
  • 14,030 SF
  • $11.65
  • Triple Net
  • Oct 2026
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Custom Ecology Inc Waste Management and Remediation Services 14,030 SF $11.65 Triple Net Oct 2026

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
000906-0000
Land Assessment
$230,000 (2024)
Improvements Assessment
$324,527 (2024)
Total Assessment
$554,527 (2024)

ZONING

Zoning Code AGR, County (Zoned AGR, Truck Terminal is Permitted Exception)
AGR, County (Zoned AGR, Truck Terminal is Permitted Exception)
  • Listing ID: 32139362

  • Date on Market: 6/14/2024

  • Last Updated:

  • Address: 17339 New Brandy Branch Rd, Jacksonville, FL 32234

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