901-917 King Street

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901-917 King Street

Jacksonville, FL 32205
Asking Price
$2.64M
Cap Rate
6.75%
Asset Type
Retail
Class
Class B

What's Special

Multi-tenant retail strip center in the heart of the King Street corridor <ul><li>​Fully occupied four tenant retail building</li><li>​Located in the heart of Riverside in the vibrant King Street corridor</li><li>​Corner lot</li><li>​Signalized Intersection</li><li>​Rare on-site parking – 13 dedicated spaces in the rear of the building</li><li>​Strong Demographics</li><li>​Seven blocks from St. Vincent's Hospital</li></ul>

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NOI
$80,000
Cap Rate
3.03%
DSCR
0.51
Underwater
Cash-on-Cash
-9.67%
Monthly Payment
$13,042.563
Annual Cash Flow
$-76,510.76

Location & Travel Times