Net Leased Amazon Last Mile Distribution Center in Jacksonville, Florida

Net Leased Amazon Last Mile Distribution Center in Jacksonville, Florida

Investment Highlights:

■ Amazon is one of the Largest companies in the World with
a +/- $1.5 Trillion Dollar Market Cap
■ Very Rare Single Tenant Net Leased Amazon Last Mile
Distribution Center, Amazon Invested over $17 Million in
Retrofitting this Building
■ New 10-Year Lease with Annual Increases in Rent
■ Fee Simple Lease Allowing for Depreciation
■ Large 107,000 Square Foot Building Situated on 11.36
Acres of Land
■ Infill Blanding Boulevard Location with exposure to more
than 31,000 Vehicles Per Day
■ Florida is a No Income Tax State

Investment Overview:

Marcus & Millichap is pleased to present for sale this very
rare net leased Amazon Last Mile Distribution Warehouse in
Jacksonville, Florida. Amazon.com Services Inc signed a new
10-Year Lease with Two Percent Annual Increases in Rent.
An investor will have the opportunity to own an asset leased
to one of the world’s most valuable companies with a market
cap exceeding 1.5 Trillion Dollars. Situated on Blanding
Boulevard with exposure to more than 31,000 Vehicles per
day, this Amazon Distribution Center has excellent ingress
and egress and will contain Amazon’s proprietary warehouse
storage, sorting and shipping equipment. Amazon.com
invested over $17 million dollars retrofitting this property to
its company’s standards.
Amazon is a key component to FAANG, an acronym that refers
to the stocks of the five prominent American Technology
Companies: Facebook, Amazon, Apple, Netflix and Google.
Amazon.com, Inc., is an American multinational technology
company based in Seattle that focuses on e-commerce, cloud
computing, digital streaming, and artificial intelligence. It has
been referred to as “one of the most influential economic
and cultural forces in the world” as well as the world’s most
valuable brand.
Jacksonville is the most populous city in Florida as well
as the southeastern United States, and the largest city by
area in the contiguous United States. It is the seat of Duval
County. The Jacksonville metropolitan area has a population
of 1,523,615 and is the fourth largest metropolitan area in
Florida.

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