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7660 Gainesville Ave
Jacksonville, FL 32208 45th & Moncrief

$17,000,000 USD

Warehouse For Sale  •  184,200 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 184,200 SF
  • Lot Size 14.4 AC
  • Building Class B
  • Year Built 1962
  • Tenancy Multiple
  • Zoning IL
37 Transit Score
59 Walk Score

Highlights

Low-Basis Entry Point: Offered at $17 million ($92 PSF), substantially below replacement cost for comparable industrial product.
Mark-to-Market Rent Opportunity: ±35,000 SF vacancy, with recently completed interior office space, allows for immediate lease-up at market rents.
Additional Land Component: ±1.5 acres of excess developable land for future building expansion, outdoor storage, or parking.
Institutional Construction Quality: Concrete and masonry core with metal expansion, clear heights ranging 18'–24', and column spacing of 25'×50'.
Functional Loading & Power: 12 dock-high doors, 2 grade-level doors with ramps, 480V 3-phase 1,200 amp power, and fenced truck court.
Long-Term Tenant Stability: Sleep Geekz occupies ~80% of NRA with a term through 2032 and annual 3–4% rent increases.

Amenities

  • Fenced Lot
  • Yard

Public Transportation

Commuter RailDriveWalkDistance
7 min - 3.3 mi
AirportDriveWalkDistance
Jacksonville International 19 min - 11.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 72
Type: Surface
Included in Rent: Yes
Bryan Bartlett 904-923-7959 Marcus & Millichap
Bryan Bartlett 904-923-7959 Marcus & Millichap