1550 Normandy Village Pkwy

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1550 Normandy Village Pkwy

Jacksonville, FL 32221
Asking Price
$3.90M
Asset Type
Retail
Class
Class B

What's Special

Located at 1550 Normandy Village Parkway, this retail property is situated within the Normandy area of West Jacksonville. The site occupies a position just off Normandy Boulevard, a primary commercial artery, and offers proximity to Interstate 295 for regional connectivity. The surrounding neighborhood is characterized by a mix of established residential subdivisions, schools, and existing commercial centers. Nearby amenities include several national grocery chains, quick-service restaurants, and local service providers, ensuring consistent local traffic and visibility within a developed suburban corridor. The property is suited for a variety of retail or service-oriented use cases, including neighborhood convenience stores, specialized boutiques, or professional office suites. Its layout and location favor tenants that cater to daily consumer needs, such as health and beauty services, dry cleaners, or small-scale fitness studios. The typical tenant profile includes local small business owners or regional franchisees seeking a functional footprint with direct access to a dense residential population. The asset provides a versatile environment for businesses requiring both store-front exposure and ease of access for local commuters.

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NOI
$80,000
Cap Rate
2.05%
DSCR
0.35
Underwater
Cash-on-Cash
-12.95%
Monthly Payment
$19,295.072
Annual Cash Flow
$-151,540.865

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