A commercial parcel at 1353 Atlantic Blvd. in Neptune Beach recently sold for $3.15 million, according to NAI Hallmark.
NAI Hallmark Managing Partner Keith Goldfaden and Senior Vice President of Investment Sales Daniel Burkhardt brokered the transaction on behalf of the seller, 1223 Atlantic, LLC. “The Beaches submarket is consistently one the most sought after neighborhoods for commercial property investment in the Jacksonville MSA given its high barrier to entry, which provides for high rental and low vacancy rates,” Burkhardt said in a release. “We continue to see robust investor demand for high quality, well located NNN properties in Northeast Florida.”
The property is a single-tenant, 6,600-square-foot retail building situated on 1.36 acres, subject to a NNN lease with Tire Kingdom. Located at a signalized intersection, the property is an outparcel of Penman Plaza, a high-performing Winn-Dixie anchored shopping center.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How CBRE Group Inc. is reexamining its own office space - Jacksonville Business JournalThe Business Journals recently caught up with Peter Van Emburgh, senior vice president and global head of real estate at CBRE Group Inc., in the company's Atlanta office. Van Emburgh oversees about 7 million square feet of office space across 600 locations globally for CBRE.
Source: JaxBizJournal - 🏆 599. / 51 Read more »
Flagler College to purchase hotel to add student housing - Jacksonville Business JournalThe college will convert the property on U.S. 1 into much-needed dorms.
Source: JaxBizJournal - 🏆 599. / 51 Read more »
Brooklyn's Greenhouse Plant Bar a slick combination of businesses - Jacksonville Business JournalBrooklyn's The Greenhouse Bar a slick combination of businesses
Source: JaxBizJournal - 🏆 599. / 51 Read more »
NASA’s Artemis I rocket launches Orion to moon (photos) - Jacksonville Business JournalThe mission is a part of NASA’s moon to Mars exploration approach, the agency says.
Source: JaxBizJournal - 🏆 599. / 51 Read more »
Remote work is likely to be a target during the recession - Jacksonville Business JournalTwitter's Elon Musk ended remote work as he warned of difficult times ahead. More executives are likely to follow his lead, but experts warn the move could backfire. Here's why.
Source: JaxBizJournal - 🏆 599. / 51 Read more »
Corner Lot secures loan, to start multifamily project in December - Jacksonville Business JournalThe $60 million, 10-acre development called Beachline is located at 13301 Beach Blvd.
Source: JaxBizJournal - 🏆 599. / 51 Read more »