SOLD - Lem Turner Shopping Center
3200 Armsdale Rd, Jacksonville, FL 32218
Highlights
Shadow Anchored Home Depot!
Across the street from Wal-mart Supercenter!
Plenty of Parking! Newly resealed and striped Lot
Unbelievable Upside with 82% occupancy
Excellent Current 8.27 % Cap rate!
5 year renewal with Subway!
Four New Tenant's in the Last Five Months!!
Property Notes
Freshly Painted with new color scheme 23,558 Sq. Ft.
National Credit Tenant's, T-Mobile, State of Florida DMV, All Kids Health Care. Long term Tenant Subway has just renewed for 5 years showing their confidence in the center. T-Mobile just leased for long term!
New Bus Station open, directly behind the center. Ready to shuttle 1,500 workers a day to the new Amazon 800,000 S.F. distribution center just a few miles away.
Four New Tenants in the last six months, lots of leasing interest! Plenty of parking. 82% occupied with plenty of upside!!
Shadow Anchored by Home Depot and Across the street from a Super Walmart.
Corner of Lem Turner and Armsdale 17,099 VPD .Conveniently located at on-ramp to Interstate 295. Pylon Sign can be seen from I-295 with 59,000 VPD
Last interstate exit before Jacksonville International Airport.