Fairmont Business Warehouses

The Fairmont Business Warehouses are conveniently located in the Southside submarket of Jacksonville between Beach Boulevard and the Hart Bridge Expressway. Both are main thoroughfares into downtown Jacksonville. The property's location is positioned perfectly for tenants to place themselves in one of the most centralized locations in the busy Southside Jacksonville area. The tight flex market, within close proximity to the property, gives an investor the opportunity to boost rents and to quickly fill the few vacant units that have not been adequately marketed for lease over the past year. This is a prime opportunity for the "value add" investor looking to capitalize quickly on increasing his overall return on investment. The property owner completed several major capital expenditures in 2017 including a new roof and parking lot, which allows a new owner to take over a well maintained property, and not absorb many deferred maintenance costs.