5917 Roosevelt Blvd | Jacksonville, FL 32244
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5917 Roosevelt Blvd
Jacksonville, FL 32244
Golden Oaks Roosevelt · Retail Property For Sale
Executive Summary
Located at 5917 Roosevelt Blvd, Jacksonville, FL 32244, this shopping center presents an exceptional investment opportunity. The property, built in 2005, spans 8,000 square feet of heated space across nine units. Surrounded by a healthy mix of national and local businesses all located on Roosevelt Blvd, the center benefits from an impressive Average Annual Daily Traffic (AADT) of 39,500 vehicles.
This retail center is strategically located near established neighborhoods, the Timuquana Country Club, NAS Jacksonville, and the St. Johns River, attracting consistent foot traffic and commuter clientele. The property sits on a 0.83-acre lot, zoned CCG-2, making it suitable for a variety of commercial uses. Priced at $1,995,000, with 7 tenants whose leases are of varying lengths, this property provides a unique opportunity for the new owner to renegotiate terms, attract longer term tenants, and increase rental income.
Tenant mix comes from established businesses including computer services, spa, vape shop, a tattoo studio, and more. This asset offers a secure and lucrative opportunity for investors looking to add a retail property in a part of Jacksonville with lots of growth potential.
Contact listing agents for rent roll and OM.
This retail center is strategically located near established neighborhoods, the Timuquana Country Club, NAS Jacksonville, and the St. Johns River, attracting consistent foot traffic and commuter clientele. The property sits on a 0.83-acre lot, zoned CCG-2, making it suitable for a variety of commercial uses. Priced at $1,995,000, with 7 tenants whose leases are of varying lengths, this property provides a unique opportunity for the new owner to renegotiate terms, attract longer term tenants, and increase rental income.
Tenant mix comes from established businesses including computer services, spa, vape shop, a tattoo studio, and more. This asset offers a secure and lucrative opportunity for investors looking to add a retail property in a part of Jacksonville with lots of growth potential.
Contact listing agents for rent roll and OM.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
8,000 SF
Building Class
C
Year Built
2005
Price
$1,995,000
Price Per SF
$249
Cap Rate
7.16%
NOI
$142,830
Percent Leased
91%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.83 AC
Zoning
CCG-2`
Parking
20 Spaces (2.5 Spaces per 1,000 SF Leased)
Frontage
201 FT on Roosevelt Blvd
Amenities
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 100459-0000 | Improvements Assessment | $578,137 |
| Land Assessment | $320,863 | Total Assessment | $899,000 |
PROPERTY TAXES
Parcel Number
100459-0000
Land Assessment
$320,863
Improvements Assessment
$578,137
Total Assessment
$899,000
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