5225 Edgewood Ct - Warehouse FOR SALE


Jacksonville, FL 32254
$2,914,944 USD
786-522-7009
5225 Edgewood Ct, Jacksonville, FL for Sale
$2,914,944 USD
Warehouse - FOR SALE
1/11
null | 6.25% Cap Rate

5225 Edgewood Ct
Jacksonville, FL 32254


HIGHLIGHTS

  • Landlord Friendly NNN Lease – Tenant is An Award-Winning Contractor
  • Primary Building Is All Concrete Construction - Including Roof | Includes 2 Dock Height Receiving Areas
  • Strong Residual Value - Priced At Just Over $100/SF
  • Oversized 1.86 AC Lot W/ Industrial Zoning – Allows For Various Types Of Industrial Tenants
  • 4% Annual Rent Increases - Hedge Against Inflation | 4 Years Remaining with/ Just (1) 5 Year Renewal Option
  • Strategically Located In Jacksonville’s Edgewood Industrial District – A Stone’s Throw Away From I-10 & I-295

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,914,944 USD

PRICE/SF

$103 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CSS Fireplaces & Outdoor Living

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing, Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

2

DRIVE INS

2

PARKING SPACES

12

LAND DETAILS

LAND ACRES

1.86

LAND SF

81,144

ZONING

IH

APN/PARCEL ID

059297-0000

ASK ABOUT THIS PROPERTY

Scott SandelinThe Sandelin GroupMore Info
786-522-7009

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Scott SandelinThe Sandelin GroupMore Info
786-522-7009

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