- 5245 Commonwealth Avenue in Jacksonville, Florida, is a 588,267 sq.ft. industrial facility in 3 buildings on 28 acres with excellent access to Interstate 95, Interstate 10 and Interstate 295.
- 27,579 sq.ft. Service Building is currently AVAILABLE for lease.
- The property is within an IRS-designated Opportunity Zone.
- The facility is 95% occupied by Fanatics, Inc. Fanatics, Inc. is a top 50 Internet Retailer Company that is the market leader for authentic, officially licensed sports merchandise via its Fanatics and FansEdge brands. Additionally, the company powers the e-commerce sites of all major professional sports leagues (NFL, MLB, NBA, NHL, NASCAR, PGA) major media brands (NBC Sports, CBS Sports, FOX Sports) and over 200 collegiate and professional team properties.
- The building has immediate access to Interstate 295 to the west via Commonwealth Avenue. Interstate 10 to the south is immediately accessible via Edgewood Avenue South/Cassat Avenue. Interstate 10 intersects with Interstate 95 three miles east of the Cassat Ave/I-10 intersection. Jacksonville is accessible to 50 million consumers within 8 hours of truck transit time and 60% of the U.S. population s reached within 24 hours.
- The facility is comprised of 588,267 total sq.ft. in 3 buildings built in 1970
- Warehouse Building:
Total size: 527,216 sq.ft.
Mezzanine Area: 5,783 sq.ft.
Clear Heights: 20’ and 30’
Column Spacing: 28’x56’ and 66’x40’
Loading: (17) 8’x8’ Dock Doors w/Levelers and Dock Lights; (25) 8’x10’ Dock Doors w/Levelers and Dock Lights; (9) 8’x10’ Dock Doors /Levelers and Dock Lights; and (1) 8’x9’ Dock Door w/Leveler and Dock lights.
- Service Building (currently AVAILABLE for lease):
Total Size: 27,579 sq.ft. (including mezzanine)
Office Area: 2,314 sq.ft.
Warehouse Area: 24,813 SQ.FT.
Clear height: 21’
Loading: (4) 14x14’ Grade Level Doors; (2) 8x12’ Grade Level Doors; and (3) 8x10” Dock Level Doors.
- Office Building:
Total Size: 31,718 sq.ft. (100% built-out, recently renovated space)
- The Warehouse space of the facility is served by 1600 Amp, 277/480 volt/3 phase power from the Jacksonville Electrical Authority.
- The building is constructed of concrete tilt wall and precast panel walls and a TPO system roof that was fully replaced in 2015.
- The Jacksonville market continues to benefit from the growth of the area’s seaport which is quickly gaining container volumes from Asia through both the Panama and Suez canals. JAXPORT was recently named one of the nations’ top ten fastest growing export ports and continually ranks among the top auto ports in the U.S. by volume. The port offers worldwide cargo service from more than 40 ocean carriers, including direct service with Europe, Africa, South America, the Caribbean and other key markets. JAXPORT’s Foreign Trade Zone No. 64 is the 3rd largest of Florida’s 20 FTZs (based on import/export trade values). Recently, JAXPORT has invested $600 million in infrastructure improvements and a newly authorized project to deepen the federal shipping channel to meet the needs of larger cargo ships transiting goods today.
- For more information, please contact:
Matt Marks
Tower Investments, LLC
250 W. Main St., Suite 101
Woodland, CA 95695
(530) 668-1000 – telephone
(530) 666-5574 – facsimile
mattmarks@towerinv.com
www.towerinv.com
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