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$2,550,000
ACTIVE

622 CASSAT Avenue, Jacksonville, FL 32205

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12,639
Sq Ft
0.9 ac
Lot
1985
Built
$202
/ Sq Ft

About This Home

Fully leased multi-tenant retail asset strategically positioned at the intersection of I-10 and Cassat Avenue in West Jacksonville. The approximately 12,236 SF property is 100% occupied by seven tenants, providing investors with a diversified and established income stream from day one. Property generates approximately $171,109 in annual NOI, representing an attractive 6.70% cap rate. The property benefits from excellent visibility and accessibility along Cassat Avenue, immediately adjacent to the I-10 interchange. I-10 carries approximately 136,000 vehicles per day, providing significant exposure and convenient connectivity to Downtown Jacksonville, surrounding employment centers, and the greater Jacksonville market. A prominent pylon sign along Cassat Avenue further enhances tenant visibility and identification.

Property Details

Property TypeRetail
MLS Number#2170495
Year Built1985
Lot Size0.9 acres
Price / Sq Ft$202
CityJacksonville
Zip Code32205

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Association costs not fully reported

MLS historical annual tax (2025): $23,329. A purchase may change the tax assessment. MLS cost data refreshed 10/22/2026.

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Planning estimate only. Excludes mortgage insurance, special assessments, maintenance, utilities, closing costs and other charges. Reported fees may be incomplete; verify with the association and a lender. This is not a loan quote or complete cost of ownership.

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Location

622 CASSAT Avenue, Jacksonville

MLS #: 2170495 · Listing data provided by NEFAR MLS via Spark API. Information deemed reliable but not guaranteed. Last updated October 22, 2026. Listing courtesy of PETRA MANAGEMENT INC..

$2,550,000
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