Cushman & Wakefield Retained to Sell Three Office/Retail Properties in Jacksonville
Two Former Bank Branches and a Former Child Care Facility are Ideal Properties for Owner-User Buyers
JACKSONVILLE, FL, June 14, 2018 – Cushman & Wakefield has been selected as the exclusive agent for two former bank branches as well as a former child care facility in Jacksonville.
Senior Director Traci Jenks is marketing the two bank properties for sale or lease on behalf of 121 Financial Credit Union. The bank properties are:
- 9700 Touchton Road – a 28,644-square-foot property with full-service banking capabilities on the first floor and multi-purpose office space on the second floor. The property has ample parking, as well as four drive-up lanes and an ATM. It is situated on 2.82 acres, with potential for a 4,000-square-foot expansion. Centrally located between downtown Jacksonville, the beaches and St. John’s County, the property has great visibility along Touchton Road and is convenient to several major roads and interstates, as well as retail and dining at St. John’s Town Center. It listed for $3.99 million.
- 3475 Kernan Blvd. S. – a 4,164-square-foot freestanding building located in Intercostal West, in the Southside submarket, within a Publix-anchored plaza. The property is ideal for retail, medical and professional office use, and provides great visibility along the busy Kernan Boulevard, with signage. It is situated two miles from Interstate 295 and minutes from the University of North Florida and Florida State College at Jacksonville-South. The property was built in 2004 and is listed for $1.3 million.
Jenks is also representing Episcopal Early Learning Centers, Inc. in marketing a property at 11217 San Jose Blvd. for sale. The former child care facility includes a 14,531-square-foot building and nearly 95,000 square feet of outdoor recreational space. The property was built in 1991 and converted to a day care facility in 2013. The building has 10 classrooms, each with its own restroom.
The property is situated in the heart of Jacksonville’s Mandarin neighborhood and is within close proximity of several residential areas. It also provides great visibility and signage along San Jose Boulevard, and is near an array of retail and dining options. It is listed at $2.2 million.
“These are well-located assets that can be easily converted into a variety of different uses, or continue to serve their original function,” said Jenks. “Each of these properties presents a great opportunity for an owner-user buyer, who would prefer to own their own space instead of rent, while making a valuable investment.”