8929 Philips Hwy | Jacksonville, FL 32256
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8929 Philips Hwy
Jacksonville, FL 32256
Retail Property For Sale
Investment Highlights
- Area has average annual daily traffic (AADT) of 38,500.
- Light Industrial Zoning allows for many different usages
- Building is an operational turnkey restaurant
Executive Summary
Currently occupied by a restaurant; current tenant has a Leasehold which ends November 30, 2025; possible early buyout of the Leasehold. For a restaurant operator this is a turnkey operation.
Sale terms confidential.
Sale terms confidential.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,745 SF
Building Class
C
Year Built
1988
Price
$910,500
Price Per SF
$332
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.55 AC
Zoning
IL - If the new owner could build a small manufacturing plant, an automobile sales lot, a small distribution center, an auto repair business or restaurant.
Parking
25 Spaces (9.11 Spaces per 1,000 SF Leased)
Frontage
115 FT on Philips Hwy
Amenities
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
- Wheelchair Accessible
PROPERTY TAXES
| Parcel Number | 152580-0170 | Improvements Assessment | $143,305 |
| Land Assessment | $121,095 | Total Assessment | $264,400 |
PROPERTY TAXES
Parcel Number
152580-0170
Land Assessment
$121,095
Improvements Assessment
$143,305
Total Assessment
$264,400
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