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5243 Normandy Boulevard
Jacksonville, FL 32205
Asking Price
$1.56M
Cap Rate
6.76%
Asset Type
Storefront Retail
Class
Class B
What's Special
NNN Investment | Grocery Outparcel | Cricket Wireless + LaundroLab <ul><li>Two-Tenant 6,000 Square Foot Strip Center</li><li>Ecommerce/Internet Resistant Tenants </li><li>Strategically Positioned as an Outparcel to a Shopping Center Anchored by Winn-Dixie & Marshall's</li><li>Situated Along a Main Retail Corridor Engaging 30,000+ Vehicles Per Day </li><li>High Barriers to Entry Market</li><li>Robust, Rapidly Growing Demographics in Surrounding Area</li><li>Located about .5 Miles from the Interstate 10 Exit</li></ul>
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NOI
$80,000
Cap Rate
5.14%
DSCR
0.87
Underwater
Cash-on-Cash
-2.64%
Monthly Payment
$7,694.939
Annual Cash Flow
$-12,339.269
