Emerson Plaza

Emerson Plaza | Jacksonville, FL

Sands Investment Group is Pleased to Exclusively Offer for Sale a 4,950 SF Emerson Plaza Located at 5323-5329 Emerson Street in  Jacksonville, FL. This Deal Includes a Stabilized Center With Brand New Parking Lot That is Currently 100% Occupied, and Has Had Historically Low Vacancy, Providing For a Secured Investment.

  • Emerson Plaza is 100% Occupied and Has Historically Low Vacancy Due to Scarcity in the Major Real Estate Market of Jacksonville, Florida
  • Strong Demographics: Sitting on One of the Busiest Roads in Jacksonville and a 3-Mile Population of 80,000+ Residents, This Site Sees Over 25,000 Vehicles Per Day
  • Current Tenant Profile: Emerson Plaza Features Regional Tenants on Short Term Leases, Which All Have Built-In 5% Increases at Each Annual Renewal
  • NNN Conversion Upside: While All Four Units Are on Year-to-Year Leases With 5% Annual Increases, There is an Opportunity to Extend Current Leases For a More Stabilized Investment and a Greater Return on Future Exit
  • Recent Enhancements: Emerson Plaza Just Received a Major Makeover (Completed February 2024), the Seller Repaved and Repainted the Retail Facing Parking Lot (Renovation Not Pictured)
  • Thriving Market: The Jacksonville Market Has Witnessed Substantial Growth Over the Past 5 Years, Driven By Major Corporate Expansions
  • Low Price Point: Low Price Point Deals in Major MSAs Are Few and Far Between, Making This a Perfect Investment For a 1031 Exchange Buyer, New Investors and Seasoned Investors Alike

In Cooperation With SIG RE Services, LLC – Lic. #CQ1055229 BoR: Andrew Ackerman – Lic. FL #BK3369953

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