10448 Atlantic Avenue

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10448 Atlantic Avenue

Jacksonville, FL 32505
Asking Price
$2.40M
Asset Type
Office
Class
Class B

What's Special

10448 Atlantic Avenue is situated in the Greater Arlington submarket of Jacksonville, Florida, positioned along a major east-west commercial corridor. The surrounding neighborhood is characterized by a mix of established retail centers, grocery-anchored plazas, and residential communities. The property offers direct frontage on Atlantic Avenue, providing visibility to significant daily traffic volumes. Access to the regional transportation network is supported by the site's proximity to the Interstate 295 beltway and the Southside Connector, facilitating transit to Downtown Jacksonville and the beaches. The building is configured for professional office use, featuring a layout conducive to administrative operations or client-facing services. This location is well-suited for businesses in the insurance, legal, accounting, or medical consulting sectors that require a central presence within a high-density residential area. Typical tenants include local service providers and decentralized corporate departments seeking accessible office space with proximity to suburban amenities and workforce housing. The site’s positioning serves as a functional hub for organizations prioritizing regional connectivity and neighborhood integration.

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NOI
$80,000
Cap Rate
3.33%
DSCR
0.56
Underwater
Cash-on-Cash
-8.68%
Monthly Payment
$11,873.891
Annual Cash Flow
$-62,486.686

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