17339 New Brandy Branch Rd - Warehouse FOR SALE


Jacksonville, FL 32234
$2,200,000 USD
904-838-6603
17339 New Brandy Branch Rd, Jacksonville, FL for Sale
$2,200,000 USD
Warehouse - FOR SALE
1/3
null | 7.43% Cap Rate

17339 New Brandy Branch Rd
Jacksonville, FL 32234


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.
  • This submarket has seen YOY rent growth of 9.9% and vacancy rates of 5.6%.
  • Proven long term tenancy to continue with new lease

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$157 USD /SF

CAP RATE

7.43%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

10 AC Truck Terminal

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Truck Terminal

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

UTILITIES

Water - Well, Sewer - Septic Field

CLEAR CEILING HT

24 Ft

DOCKS

1

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10

LAND SF

435,600

ZONING

AGR, County

APN/PARCEL ID

000906-0000

ASK ABOUT THIS PROPERTY

Mike SalikMatthews Real Estate Investment ServicesMore Info
904-838-6603

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Mike SalikMatthews Real Estate Investment ServicesMore Info
904-838-6603

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.