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Jacksonville University/The Broach School 5940 Beach Blvd
31,588 SF of Retail Space Available in Jacksonville, FL 32207
SUBLEASE HIGHLIGHTS
- 5.81 acres (253,171 SF)
- Pre-cast panel
- Dock loading doors
- 309 parking spaces
- Currently built out as turn-key educational college
- Divisible for multiple tenants
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 31,588 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
- Sublease space available from current tenant
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT JACKSONVILLE UNIVERSITY/THE BROACH SCHOOL
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Jacksonville University Simulation Center
- -
- 1
- -
- The Broach School of Jacksonville
- Educational Services
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Jacksonville University Simulation Center | - | 1 | - |
| The Broach School of Jacksonville | Educational Services | 1 | - |
PROPERTY FACTS FOR 5940 BEACH BLVD , JACKSONVILLE, FL 32207
| Total Space Available | 31,588 SF | Total Land Area | 5.79 AC |
| Property Type | Retail | Year Built | 1979 |
| Property Subtype | Freestanding | Parking Ratio | 5.48/1,000 SF |
| Gross Leasable Area | 54,297 SF |
| Total Space Available | 31,588 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 54,297 SF |
| Total Land Area | 5.79 AC |
| Year Built | 1979 |
| Parking Ratio | 5.48/1,000 SF |
ABOUT THE PROPERTY
5940 Beach Boulevard is a unique facility that consists of a 54,297± SF building on 5.81 acres and approximately 297 parking spaces. The property is located at one of Jacksonville’s busier intersections with over 60,000 cars per day. Beach Boulevard is also a major thoroughfare from downtown to the beaches. The subject property was originally built in 1979 for Albertsons grocery store. It was run as Rowe’s Food Store (a local grocer) from 2001 - 2011. In 2011, Virginia College invested millions of dollars to convert the building into a first-class higher education facility. The property lends itself to easily be converted into another private for-profit university, charter schools, or private school. It can also be converted back to a grocery store, or other facilities, such as medical, mini warehouse, office call center, and/or other retail redevelopment opportunities in this trade area. Property Strengths Subject property is a single story, 54,297± square foot freestanding former for-profit facility with millions of dollars of school-oriented improvements This facility can be converted into a grocery store, other retail re-development opportunities, mini warehouse, medical, office call center and many other uses. Strategically located at the intersection of Beach Boulevard (27,000 car per day, FDOT 2018) and University Boulevard (33,000 cars per day, FDOT 2018) Millions of dollars of school-oriented improvements (classrooms, data processing, bathrooms, etc.) At Bus service lines for easy student access Strong demographics and income profile within a 1,3, and 5-mile radius for excellent student base Beach Boulevard and University Boulevard is a central artery for all of South Jacksonville
NEARBY MAJOR RETAILERS
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Jacksonville University/The Broach School | 5940 Beach Blvd
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