3261 New Bern Highway

CALLING ALL INVESTORS! FULLY STABILIZED 6.5% CAP RATE offered on this fully leased mixed use (warehouse/office/retail/drop lot) property that was fully renovated at the beginning of 2025. Annual Gross Income of $72,240. Rent escalations of 3 or 3.5% are included. 3 Mailing Addresses: Unit 100/200/300. 4 Leases (3 Units + Drop Lot Ground Lease). HIGH VISIBILITY location with 25,500 Average Daily Traffic count recorded in 2022! The front building (units 100 and 200) were renovated from the crawlspace to the roof. Everything is new! Perfect for retail, office or professional service applications. Unit 100, the highway road frontage unit, is equipped with a large showroom or waiting area entry, 2 bathrooms, and 2 offices. Unit 200 is equipped with a kitchen, bathroom, shower room, and 3 rooms that can serve as a conference room, office or meeting room. This unit is great for client-facings services. Unit 300 (the warehouse) has a brand new standing seam metal roof and a heated/cooled office with a bathroom. This property is located in the Jacksonville City ETJ. Each unit is metered separately for electrical and has its own HVAC unit, address and mailbox.