$1,583,600

Property Description

2 PROPERTY PORTFOLIO!! (Portfolio price: $3.99m) - See 1643 Forest Pkwy GAMLS #: 10169928) Excellent opportunity to own a rarely available, 100% occupied cash-flowing property. Professionally managed in house with staff ready/willing to transition to new owner and work hard to continue make money at closing. Perfectly located on North Parkway with excellent through traffic and visibility. 5376 North Parkway contains 0.78 acres. One commercial buildings with an immaculate storefront, 7 roll up doors, and pedestrian doors across 4 units. Most units have an office within their spaces. The buildings total roughly 8,880 sqft per tax roll. Property class: I3 - Industrial. Property is as an excellent value at a market cap rate of 6.75% Property features 100% occupancy with signed 2 to 5 year leases containing escalation clauses. Property is in great condition with a minimal amount of repairs needed annually. DO NOT ENTER THE PROPERTY WITHOUT AN APPOINTMENT! Property is sold AS-IS, No Seller Disclosure, No Repairs, WE OFFER YOU A CASH FLOWING ASSET POISED IN AN EXCELLENT, GROWING LOCATION. Buyer MUST provide POF prior to showing Appt. OFFER ARE TO BE MADE WITH NO REZONING CONTINGENCIES, Call Listing Agent for Appointment. DO NOT SHOW UP AT THE PROPERTY.

Property Features

  •  0.78
  •  5254.25
    • Electricity Available
    • High Speed Internet
    • Water Available
  •  Public Sewer
  •  Public
  • Exterior Features

  •  Level
    • Parking Lot
    • Paved
  •  Metal
  •  Commercial Sale
  • Interior Features

  •  Other
  •  Other
  • Courtesy of Homesmart Realty Partners

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    Alex Norkus

    (904) 280-3000
    Keller Williams Jacksonville Realty