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2121 Edison Ave

27,021 SF Industrial Building Offered at $1,800,000 at a 7.73% Cap Rate in Jacksonville, FL

Highlights

  • Baker Distributing Co. is a leading national wholesale distributor of heating, ventilation and air conditioning equipment.
  • Easy Access to I-95

Investment Summary

Opportunity to invest in a fully leased NNN Industrial warehouse located in an opportunity zone. There is a in-place seven (7) year lease with Baker Distributing Company which is a wholly-owned subsidiary of Fortune 1000 Company Watsco, Inc. This tenant has occupied the building for approximately 50 years and is one of the top performing branches out of over 200 locations in 22 states. The tenant covers RE taxes, insurance and all property maintenance leaving the landlord responsible for only the roof and structural aspects of the building.

The Offering Under Contract

  • Listing ID: 16915400
  • Date Created: 8/14/2019
  • Last Updated:

ABOUT 2121 Edison Ave , Jacksonville, FL 32204

This property is located adjacent to two prominent Jacksonville areas, Riverside and Brooklyn, with immediate access to the recently enhanced I-95 & I-10 interchange via the Stockton Street exit making this general location very convenient. Proximity to the I-10 / I-95 interchange as well E/W access to/from I-10 allows rapid approach and departure via the north, south, or west. This makes the location attractive to customers needing parts and supplies, especially under urgent conditions.

Attachments

2121 Edison OM v2-2 (short form)

Major Tenant Information

Tenant SF Occupied Lease End Date
Baker Distributing Co 27,021

Amenities

  • 24 Hour Access
  • Storage Space
  • Mezzanine

Utilities

  • Lighting - Halogen
  • Water - City Water
  • Sewer - City Sewer
  • Heating

Airport

Jacksonville International Airport
25 min drive 15.5 mi

Freight Port

Jacksonville Port
11 min drive 6.0 mi

RailRoad

TRANSFLO-JACKSONVILLE-FL
6 min drive 2.7 mi
Walk Score ®
31
Car-Dependent
Transit Score ®
39
Some Transit
Bike Score ®
53
Bikeable
What is a Walk Score®, Transit Score® & BikeScore®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

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