Industrial Flex
Fairmont Business Center
5317 Fairmont St, Jacksonville, FL 32207
Listing Price: $2,800,000
Investment Overview
The subject property is conveniently located in the Southside submarket of Jacksonville between Beach Boulevard and the Hart Bridge Expressway. Both are main thoroughfares into downtown Jacksonville (+/- 4 miles). The property also has quick access to both I-95 and I-295, positioning it perfectly for tenants to place themselves in one of the most centralized locations in the busy Southside Jacksonville area.
Fairmont Business Center
Investment Highlights
- Major capital expenditures in 2017, including a new parking lot. A new roof was installed by current ownership in 2022. 4 of the 6 units are undergoing a $250,000 renovation.
- All of the vacant units are receiving renovation upgrades. Upgrades include (at a minimum) newly epoxied flooring, bathroom renovations and painting.
- The tight flex market gives an investor the opportunity to boost rents and to quickly fill the few vacant units; Jacksonville as a whole boasts a 2.5% small-bay industrial/flex vacancy rate.
Exclusively Listed By
Financing By
Listing Price: $2,800,000
Investment Highlights
- Major capital expenditures in 2017, including a new parking lot. A new roof was installed by current ownership in 2022. 4 of the 6 units are undergoing a $250,000 renovation.
- All of the vacant units are receiving renovation upgrades. Upgrades include (at a minimum) newly epoxied flooring, bathroom renovations and painting.
- The tight flex market gives an investor the opportunity to boost rents and to quickly fill the few vacant units; Jacksonville as a whole boasts a 2.5% small-bay industrial/flex vacancy rate.
Investment Overview
The subject property is conveniently located in the Southside submarket of Jacksonville between Beach Boulevard and the Hart Bridge Expressway. Both are main thoroughfares into downtown Jacksonville (+/- 4 miles). The property also has quick access to both I-95 and I-295, positioning it perfectly for tenants to place themselves in one of the most centralized locations in the busy Southside Jacksonville area.
Exclusively Listed By
Financing By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.