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__1452032192.png "Marcus & Millichap")
| Price $2,800,000 | Built/Renov 1960 | Tenant CSS Fireplaces & Outdoor Living |
| Cap Rate 6.50% | Lease Type
NN+ | Guarantor Corporate |
| Size/SF
28,165
| Lease Start
10-01-2023
| #Units
2
|
| Price/SF $103.50 | Expiration
09-30-2028
| Tenant Type Other |
| NOI $182,124 | R. Term 2.10 | Ownership Fee Simple |
| Rent/SF
$6.47
| Increases 4.0%/1/yrs | Pop 5Mi 172,895 |
| Lot/AC 1.86 | Options 1/5yrs/4% | AHHI 5Mi $63,507 |
| | |
Marcus & Millichap is pleased to present an investment opportunity located at 5225 Edgewood Court in Jacksonville, Florida. This property features a total of 28,165 square feet of gross leasable area (GLA) on an oversized 1.86-acre parcel within the IH zoning district, ensuring diverse usage possibilities including warehousing, distribution, and light manufacturing.
...Oversized lot
Strategically located
Major MSA
Income tax free state
Favorable NN+ lease
Corporate Guarantee
CSS is a locally owned and operated business in the construction industry and an active member of the Northeast Florida Builders Association. They specialize in constructing fireplaces, outdoor...
| 1 Miles | 3 Miles | 5 Miles | |
| 2030 Total Population : | 2,906 | 64,455 | 170,374 |
| 2025 Total Population : | 2,905 | 63,107 | 165,037 |
| 2025 Employed Civilian Pop : | 1,238 | 30,354 | 74,312 |
| 2025 Total Businesses : | 635 | 3,657 | 9,060 |
| 2025 Average Household Income : | $ 88,664 | $ 80,242 | $ 79,305 |
| 2025 Total Consumer Spending : | $ 95 M | $ 1940 M | $ 4853 M |
| 2025 Median Age : | 40 | 38 | 39 |
| 2025 Total Households : | 1,214 | 27,555 | 69,734 |
| 2025 Pop Age 25+: Bachelor's Degree : | 167 | 7,875 | 18,966 |
| 2025 Average Home Value : | $ 218,564 | $ 327,420 | $ 336,970 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Beaver Street | Edgewood Ct | 2022 | 7,900 | 0.25 mi |
| W Beaver St | Edgewood Ave S | 2010 | 8,000 | 0.32 mi |
| Ellis Rd | Doolittle Rd | 2010 | 3,307 | 0.38 mi |
| Edgewood Ave S | W Beaver St | 2010 | 25,500 | 0.39 mi |
| Edgewood Avenue South | Edgewood Ct | 2022 | 24,500 | 0.40 mi |
| Ellis Road South | Hwy Ave | 2022 | 6,100 | 0.44 mi |
| Edgewood Ave N | Doolittle Rd | 2010 | 21,500 | 0.44 mi |
| Edgewood Avenue North | Broadway Ave | 2022 | 20,500 | 0.59 mi |
| W Beaver St | Agmac Ave | 2009 | 7,100 | 0.64 mi |
| Cassat Ave | 2022 | 6,700 | 0.64 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
