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2019 Copyright - Southeast Retail Investment Sales team

MANDARIN CENTRAL

11018 Old Saint Augustine Rd | Jacksonville, FL 32257

Square Footage: ± 63,346 

Year Built: 1985

Occupancy: 91%

  • Strong demographic profile: 139,000+ people reside within a 5-mile radius of Mandarin Central with five-year population growth trending at nearly 6%. Average Household Incomes in the trade area are well above statewide average, at $93,000

  • Conservative rents with full expense pass-throughs and annual rent increases ensure future upside

  • Convenient regional location: 10 minutes from the #1 hospital system in the US (Mayo Clinic), 20 minutes to University of Florida, 35 minutes from Jacksonville International Airport, Highway access: Close proximity to I-295, I-95 and I-10

  • Located within retail hub: Surrounded by top retailers such as Publix, Burlington, Hobby Lobby, Winn-Dixie, Lowe’s and Walmart

  • Jacksonville MSA: Current population estimate 1.5 million. Jacksonville is the largest city in the state of Florida, the 5th fastest-growing market in America and the #12 best city for young professionals with an abundant, culturally diverse and skilled labor force. The city has a thriving economy and is a growing hub of distinct industries and a nationally-recognized place to do business, with the presence of several Fortune 500 and top companies.