JACKSONVILLE, FL – November 3, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announces the sale of 1353 Atlantic Boulevard in Neptune Beach, Florida (Jacksonville MSA) for $3,150,000. NAI Hallmark Managing Partner, Keith Goldfaden and Senior Vice President of Investment Sales, Daniel Burkhardt brokered the transaction on behalf of the seller, 1223 Atlantic, LLC.
“The Beaches submarket is consistently one the most sought after neighborhoods for commercial property investment in the Jacksonville MSA given its high barrier to entry which provides for high rental and low vacancy rates.” said Daniel Burkhardt, Senior Vice President at NAI Hallmark. Burkhardt added, “We continue to see robust investor demand for high quality, well located NNN properties in northeast Florida”
The Property is a single tenant 6,600 square foot retail building situated on 1.36 acres in Neptune Beach, Florida (Jacksonville MSA) subject to a NNN lease with Tire Kingdom. Located at a signalized intersection, the Property is an outparcel of Penman Plaza, a high performing Winn Dixie anchored shopping center.
For more information regarding the sale of 1353 Atlantic Boulevard, or any questions relating to investment sales, please contact NAI Hallmark at +1 904 363 9002.
