Property Overview
Price/Rent PSF Inquire
Asset Type Retail
Trade Type Lease
SQ. FT. Available 60,269
Date Available 04/04/2019
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Floors 1
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Description

Location
Located between two affluent beachside communities of Jacksonville, Florida, Penman Plaza is a 60,269 square foot Winn-Dixie anchored shopping center. Situated on 8.45 acres, the Property is highly visible and accessible from both Atlantic Blvd. and Penman Road. Atlantic Blvd. with 35,500 AADT is one of only a few major east/west thoroughfares that provide access to the beaches submarket. With limited supply of retail inventory and available land, the beaches submarket historically and currently maintains strong occupancy and rental rates.

Lease
Located between two affluent beachside communities of Jacksonville, Florida, Penman Plaza is a 60,269 square foot Winn-Dixie anchored shopping center. Situated on 8.45 acres, the Property is highly visible and accessible from both Atlantic Blvd. and Penman Road. Atlantic Blvd. with 35,500 AADT is one of only a few major east/west thoroughfares that provide access to the beaches submarket. With limited supply of retail inventory and available land, the beaches submarket historically and currently maintains strong occupancy and rental rates. Winn-Dixie has been at this location for over 50 years (expanding their store in 1995 and complete renovation in 2019) with sales figures significantly higher than the national average.

Location