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550 Wells Rd
Orange Park, FL 32073 Orange Park

$5,095,000 USD

Storefront For Sale  •  25,569 SF

Property Details

  • Property Type Storefront
  • Total Building Size 25,569 SF
  • Lot Size 3.15 AC
  • Building Class B
  • Year Built 1985
  • Tenancy Multiple
  • Zoning CI
20 Transit Score
40 Walk Score

Highlights

25,569 SF Retail Strip Center in the Jacksonville FL MSA (1.8M Residents)
Mark to Market Opportunity: Average lease rate of $15.59 PSF versus Market Asking Rate $25.80 (Costar, Orange Park submarket)
Excellent Visibility Along Wells Rd With 21,000 VPD & Near Hwy 17 Intersection (60,000 VPD)
Densely Populated And Growing: 226,003 Residents Within 15 Minute Commute
Built in NOI Growth: Scheduled Annual Rental Increases and Limited Tenant Option Control
Proximate to Jacksonville Naval Air Station: the largest Navy base in the Southeast and the 3rd largest in the nation, employing more than 17,000

Amenities

  • Signage

Public Transportation

AirportDriveWalkDistance
Jacksonville International 40 min - 29.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Bryan Belk 404-832-1251 Franklin Street
Bryan Belk 404-832-1251 Franklin Street