6005 St Augustine Rd

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6005 St Augustine Rd

Jacksonville, FL 32217
Asking Price
$6.80M
Asset Type
Retail
Class
Class B

What's Special

6005 St Augustine Rd is located in the San Jose neighborhood of Jacksonville, Florida. This established commercial corridor is characterized by a mix of local businesses, residential communities, and medical offices. The property is situated near the intersection of University Boulevard, providing connectivity to major thoroughfares including Philips Highway and Interstate 95. Nearby amenities include grocery-anchored shopping centers, various dining options, and public transit stops, ensuring consistent drive-by visibility and accessibility for local commuters. The property’s location and layout are suitable for diverse retail applications, including neighborhood service providers, specialty boutiques, or professional studios. Ideal tenants would benefit from the area’s dense residential population and steady daytime traffic. The asset is well-positioned for businesses such as fitness centers, neighborhood convenience stores, or independent retail outlets seeking a central presence within the suburban San Jose and Lakewood submarkets.

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NOI
$80,000
Cap Rate
1.18%
DSCR
0.20
Underwater
Cash-on-Cash
-15.87%
Monthly Payment
$33,642.69
Annual Cash Flow
$-323,712.277

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