Retail Portfolio for Sale on Blanding Blvd.

Investment Portfolio consisting of four properties on Blanding Blvd in Jacksonville.

Portfolio includes:

• 3631 Blanding Blvd strip center occupied by Peeples Appliacane, Barber Shop, Hair Braiding Shop & Fun Zone (3625, 3631, 3633, 3635); single-tenant building occupied by Fun Zone (3641)
• 3701 Blanding Blvd single-tenant building occupied by Mr. Sharks restaurant
• 3717 Blanding Blvd vacant 2.83 acre parcel (1.94 AC commercial, .89 AC residential)
• 3719 Blanding Blvd single-tenant building occupied by Cedar Hills Tire & Auto Care

Total property size is 3.34 acres with 16,514/SF of conditioned building space.

Asking price represents a cap rate of 8.25% on the income-producing property plus value of vacant parcel.

CCG-1 zoning would allow for a variety of uses for the vacant parcel, including office, retail self-storage, retail plant nursery, etc.

2016 property taxes were $17,053.

Well-developed commercial and residential area. Just south of Wilson Blvd on the east side of Blanding Blvd.