CSS Fireplaces & Outdoor Living | 5225 Edgewood Ct
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CSS Fireplaces & Outdoor Living 5225 Edgewood Ct
28,165 SF Industrial Building Jacksonville, FL 32254 $2,914,944 ($103/SF) 6.25% Cap Rate
Investment Highlights
- Landlord Friendly NNN Lease – Tenant is An Award-Winning Contractor
- Strong Residual Value - Priced At Just Over $100/SF
- 4% Annual Rent Increases - Hedge Against Inflation | 4 Years Remaining with/ Just (1) 5 Year Renewal Option
- Primary Building Is All Concrete Construction - Including Roof | Includes 2 Dock Height Receiving Areas
- Oversized 1.86 AC Lot W/ Industrial Zoning – Allows For Various Types Of Industrial Tenants
- Strategically Located In Jacksonville’s Edgewood Industrial District – A Stone’s Throw Away From I-10 & I-295
Executive Summary
Marcus & Millichap is pleased to present an investment opportunity located at 5225 Edgewood Court in Jacksonville, Florida. This property features a total of 28,165 square feet of gross leasable area (GLA) on an oversized 1.86-acre parcel within the IH zoning district, ensuring diverse usage possibilities including warehousing, distribution, and light manufacturing.
The main building consists of 22,772 SF of GLA constructed of concrete (including roof deck), ensuring durability & low maintenance. It includes 2 dock height receiving areas. There are 2 additional buildings on the property, adding 2,947 SF and 2,446 SF respectively. The tenant, CSS Fireplaces & Outdoor Living, an award-winning construction company, holds a landlord friendly NNN Lease with 4% annual rent increases & currently has 4 years remaining on its primary term. Strategically located within a stone’s throw away from I-10 & I-295, the property benefits from a central location and easy access to areas of the Jacksonville MSA.
CSS is a locally owned and operated business in the construction industry and an active member of the Northeast Florida Builders Association. They specialize in constructing fireplaces, outdoor kitchens, grills, pergolas & firepits. They've been providing services to the Jacksonville area for more than 16 years and are the largest fireplace dealer in all of Florida, with over 15,000 projects completed. The company has won multiple awards, including Best Of St Johns ‘22 & Best In Jacksonville Homes, Gardens & Real Estate ‘22. Its management team is highly skilled, dedicated, and experienced, with most working at the company for more than 8 years. Besides our subject, CSS also has another location in Ormond Beach, FL.
Jacksonville is a dynamic metropolitan area renowned for its growth and strong business environment. As the largest city by area in the contiguous United States, the city offers a blend of expansive urban development and economic vitality. Its strategic location, extensive transportation networks, and population support a thriving industrial sector, making it a prime location for investments & business.
The main building consists of 22,772 SF of GLA constructed of concrete (including roof deck), ensuring durability & low maintenance. It includes 2 dock height receiving areas. There are 2 additional buildings on the property, adding 2,947 SF and 2,446 SF respectively. The tenant, CSS Fireplaces & Outdoor Living, an award-winning construction company, holds a landlord friendly NNN Lease with 4% annual rent increases & currently has 4 years remaining on its primary term. Strategically located within a stone’s throw away from I-10 & I-295, the property benefits from a central location and easy access to areas of the Jacksonville MSA.
CSS is a locally owned and operated business in the construction industry and an active member of the Northeast Florida Builders Association. They specialize in constructing fireplaces, outdoor kitchens, grills, pergolas & firepits. They've been providing services to the Jacksonville area for more than 16 years and are the largest fireplace dealer in all of Florida, with over 15,000 projects completed. The company has won multiple awards, including Best Of St Johns ‘22 & Best In Jacksonville Homes, Gardens & Real Estate ‘22. Its management team is highly skilled, dedicated, and experienced, with most working at the company for more than 8 years. Besides our subject, CSS also has another location in Ormond Beach, FL.
Jacksonville is a dynamic metropolitan area renowned for its growth and strong business environment. As the largest city by area in the contiguous United States, the city offers a blend of expansive urban development and economic vitality. Its strategic location, extensive transportation networks, and population support a thriving industrial sector, making it a prime location for investments & business.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
- Fenced Lot
PROPERTY TAXES
| Parcel Number | 059297-0000 | Improvements Assessment | $632,245 |
| Land Assessment | $202,555 | Total Assessment | $834,800 |
PROPERTY TAXES
Parcel Number
059297-0000
Land Assessment
$202,555
Improvements Assessment
$632,245
Total Assessment
$834,800
zoning
| Zoning Code | IH (Heavy Industrial) |
| IH (Heavy Industrial) |
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CSS Fireplaces & Outdoor Living | 5225 Edgewood Ct
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