Investment Overview

Investment Overview: Register to bid and access due diligence documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/3183 The subject property is a former Family Dollar comprising 9,180 SF situated on a 1.3-acre lot. Constructed in 2010, the single-story metal building features 180 feet of frontage along Blanding Boulevard, a pylon sign, and direct access at a hard signalized corner. The site accommodates 25 surface parking spaces at a 2.72/1,000 SF ratio and is zoned CCG-2, which supports a broad range of retail, service, and commercial uses. The property is currently 100% occupied. Blanding Boulevard is one of Jacksonville's primary commercial arterials, carrying approximately 30,283 vehicles per day at the 118th Street intersection (2025 count). Jacksonville is the most populous city in Florida and the economic hub of Northeast Florida, supported by a deep and diverse employment base that includes the U.S. Navy, Mayo Clinic, a growing logistics sector, and expanding financial services. The immediate 3-mile trade area encompasses approximately 77,900 residents and 21,359 daytime employees, with household growth projected at 6.32% between 2025 and 2030, indicating sustained consumer demand. The property offers investors a hard corner, high-visibility retail position along a proven retail corridor with a submarket vacancy rate of just 5.2%. The CCG-2 zoning and physical configuration of the site support continued retail use as well as repositioning for a range of alternative commercial tenants. The combination of a highly trafficked signalized corner, strong demographic fundamentals, and a growing Jacksonville market provides a durable foundation for both income-seeking and value-add investors.