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CSS Fireplaces & Outdoor Living

5225 Edgewood Court, Jacksonville, FL 32254

$2,800,000

Cap Rate 6.50%

Views: 34 DOM: 51 Updated: 03.19.25 Posted: 03.04.25 Status: Active 03.05.25

Summary

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 3.5
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

Scott Sandelin
Marcus & Millichap
Contact

Lease Highlights

  • Landlord Friendly NNN Lease – Tenant is An Award-Winning Contractor
  • Primary Building Is All Concrete Construction - Including Roof
  • Strong Residual Value - Priced At Just Over $100/SF
  • Oversized 1.86 AC Lot W/ Industrial Zoning – Allows For Various Types Of Industrial Tenants
  • 4% Annual Rent Increases - Hedge Against Inflation
  • Includes 2 Dock Height Receiving Areas

Location Description

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.

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Key Features

  • Oversized lot

  • Strategically located

  • Major MSA

  • Income tax free state

  • Favorable NN+ lease

  • Corporate Guarantee

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Links

CSS Fireplaces & Outdoor Living Wikipedia Jacksonville, Florida Zip Code 32254 Broker Site Page

Documents

Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

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...


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Listing Broker

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