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Shopping Neighborhood

Lem Turner Road Shopping Center

8000 Lem Turner Rd, Jacksonville, FL 32208

Listing Price: $5,000,000

Cap Rate
8.00%
Gross SF
65,946
Rentable SF
50,946
Price/Gross SF
$75.82
Lot Size
2.89 acres
Year Built
1964

Investment Overview

The property at 8000 Lem Turner Rd is a nationally anchored neighborhood shopping center strategically located along Lem Turner Road—one of Jacksonville’s primary northside retail corridors. The asset comprises approximately 50,000+ square feet of multi-tenant retail situated on ~2.9 acres, featuring strong frontage, signalized access, and high daily traffic counts exceeding 31,000 vehicles per day.

The center is anchored by Save A Lot, a nationally recognized discount grocer, providing consistent daily-needs traffic and serving as a critical retail hub for the surrounding community. Additional tenancy includes a mix of service-oriented and necessity-based retailers, supporting durable occupancy and long-term demand.

Positioned less than 1.5 miles from Interstate 95 and within close proximity to Downtown Jacksonville and Jacksonville International Airport, the property benefits from strong regional accessibility and infill location fundamentals.

The asset presents a compelling value-add or yield-oriented investment opportunity, with historical occupancy strength, below-market rents in select suites, and long-term upside through lease-up and tenant repositioning.

Investment Highlights

  • National Grocery-Anchored Center
  • Stable Income with Value-Add Upside
  • High-Traffic, Signalized Corner
  • Strategic Infill Jacksonville Location

Exclusively Listed By

  • Gil Corber

    Associate Investments

    (949) 419-3280

    Email Gil

    License(s): CA: 01378982, NY: 10301222557

    Orange County

Broker of Record

  • Ryan Nee

    Executive Managing Director, Chief Revenue Officer- Southeast/Mid-Atlantic Division

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Shopping Neighborhood

Lem Turner Road Shopping Center

Listing Price: $5,000,000

Cap Rate
8.00%
Gross SF
65,946
Rentable SF
50,946
Price/Gross SF
$75.82
Lot Size
2.89 acres
Year Built
1964

Investment Highlights

  • National Grocery-Anchored Center
  • Stable Income with Value-Add Upside
  • High-Traffic, Signalized Corner
  • Strategic Infill Jacksonville Location

Investment Overview

The property at 8000 Lem Turner Rd is a nationally anchored neighborhood shopping center strategically located along Lem Turner Road—one of Jacksonville’s primary northside retail corridors. The asset comprises approximately 50,000+ square feet of multi-tenant retail situated on ~2.9 acres, featuring strong frontage, signalized access, and high daily traffic counts exceeding 31,000 vehicles per day. The center is anchored by Save A Lot, a nationally recognized discount grocer, providing consistent daily-needs traffic and serving as a critical retail hub for the surrounding community. Additional tenancy includes a mix of service-oriented and necessity-based retailers, supporting durable occupancy and long-term demand. Positioned less than 1.5 miles from Interstate 95 and within close proximity to Downtown Jacksonville and Jacksonville International Airport, the property benefits from strong regional accessibility and infill location fundamentals. The asset presents a compelling value-add or yield-oriented investment opportunity, with historical occupancy strength, below-market rents in select suites, and long-term upside through lease-up and tenant repositioning.

Exclusively Listed By

  • Gil Corber

    Associate Investments

    (949) 419-3280

    Email Gil

    License(s): CA: 01378982, NY: 10301222557

    Orange County

Broker of Record

  • Ryan Nee

    Executive Managing Director, Chief Revenue Officer- Southeast/Mid-Atlantic Division

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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