5804 Beach BoulevardJacksonville, FL 32207

Description

This well-maintained commercial property offers approximately 12,000 square feet of income-producing space with two established tenants. The main unit, a beauty supply shop, encompasses about 10,000 to 10,500 square feet and is leased at $8,225 per month including sales tax, with a 3% annual rent increase in place. The current lease runs through July 31, 2032, providing seven years of remaining term. Under the lease agreement, the tenant pays 50% of the property taxes and liability insurance, while the landlord covers the remaining 50% of the taxes. The end unit, a barbershop of roughly 1,500 square feet, is leased at $2,300 per month. This tenant has occupied the space for 15 years and continues on a month-to-month basis, paying liability insurance but not property taxes. The property itself has been well cared for, with a roof that was replaced approximately seven years ago and a new 20-ton AC unit installed in 2023. Parking includes 15 dedicated spaces with the potential to create an additional eight spaces by removing an on-site container. Landlord expenses include 50% of the property tax obligation along with approximately $1,000 per month for insurance. With a long-term lease in place on the primary unit and proven long-term on the secondary space, this property presents both stability and future opportunity for investors.

Property Information

Property type

Commercial Sale

Sub-type

Mixed Use

Year built

1970

Stories

1

Living area

12,000 Sq Ft

Lot size

0.46 acres

Days on market

7

MLS^® Listing#

2112200

Property Features

Cooling

Central Air · Electric

Heating

Central · Electric

Parking

On Street · Parking Lot

Lot features

Other

Financial Details

HOA

None

Annual taxes

$14,079Tax year 2024

Parcel number

1351200000

Directions

From University Blvd & Beach Blvd, head North on Beach Blvd and property is 1/8 miles on the left.