1803 Blanding Blvd | Middleburg, FL 32068
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- LoopNet Team
1803 Blanding Blvd
Middleburg, FL 32068
Branan Field Walk · Retail Property For Sale
Investment Highlights
- New Construction with Long-Term NNN Leases: Built in 2020, 100% NNN leased to seven tenants w/personal guarantees & 9.35 yrs average lease term
- Located Directly In Path of Major Growth: Intersection of Blanding Boulevard and the First Coast Expressway connects to I-10 to the north
- Florida In Phase 3 (Final Phase) of Economic Re-Opening: Florida implemented Phase 3 of economic reopening allowing for 100% capacity in restaurants
- Dominant Retail Corridor with High Traffic Volumes: Blanding (44,500) is Clay Co’s main retail corridor & one of most trafficked roads in Jacksonville
- Low Interest Rate Environment, Limited Investment Opportunities: 10-year treasury rate below 1.0% & limited high-quality new construction NNN deals in
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,551 SF
Building Class
B
Year Built
2020
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
2.36 AC
Zoning
BSC
PROPERTY TAXES
| Parcel Number | 32-04-25-008101-041-04 | Improvements Assessment | $3,715,870 |
| Land Assessment | $1,944,130 | Total Assessment | $5,660,000 |
PROPERTY TAXES
Parcel Number
32-04-25-008101-041-04
Land Assessment
$1,944,130
Improvements Assessment
$3,715,870
Total Assessment
$5,660,000
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