Amazon Last Mile Distribution Center – Jacksonville, Florida

4645 Blanding Blvd, Jacksonville, FL 32210, USA
$22,826,666

Description

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.

  • 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

DOWNLOAD OFFERING MEMORANDUM

  • City: Jacksonville
  • State/county: Florida
  • Zip/Postal Code: 32210
  • Country: United States

Detail

  • Price: $22,826,666
  • Year Built: 2020

Additional details

  • NOI: $856,000
  • CAP RATE: 3.75%

Features

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