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Shopping Strip

New Berlin Plaza

604 New Berlin Rd, Jacksonville, FL 32218

Listing Price: $1,375,000

Cap Rate
8.06%
Gross SF
9,512
Rentable SF
9,512
Price/Gross SF
$144.55
Lot Size
1.35 acres
Year Built
1987

Investment Overview

Marcus and Millichap is pleased to bring to market the subject, New Berlin Plaza. Located in the hottest submarket in Jacksonville MSA, the Airport, New Berlin Plaza is a stabilized multi tenant unanchored strip center with attractive cap rate and triple net lease structure with pro rate share language.

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Investment Highlights

  • Pro Rata Share Expenses
  • Four Way Signalized Corner
  • Triple Net Leases
  • Located Near Airport, River City Town Center, UF Shands, and Amazon Distribution
  • Traditional Street Front Retail
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Exclusively Listed By

Financing By

Shopping Strip

New Berlin Plaza

604 New Berlin Rd, Jacksonville, FL 32218

View Listing Documents
Property Image
Property Image
Gallery View Map Street View

Listing Price: $1,375,000

Cap Rate
8.06%
Gross SF
9,512
Rentable SF
9,512
Price/Gross SF
$144.55
Lot Size
1.35 acres
Year Built
1987

Investment Highlights

  • Pro Rata Share Expenses
  • Four Way Signalized Corner
  • Triple Net Leases
  • Located Near Airport, River City Town Center, UF Shands, and Amazon Distribution
  • Traditional Street Front Retail

Investment Overview

Marcus and Millichap is pleased to bring to market the subject, New Berlin Plaza. Located in the hottest submarket in Jacksonville MSA, the Airport, New Berlin Plaza is a stabilized multi tenant unanchored strip center with attractive cap rate and triple net lease structure with pro rate share language.

Read More

Exclusively Listed By

Financing By

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