属性

Sie Size

7.53 Acres

Zoning

PUD

Zoning Use

Residential Medium Density

描述

JLL Capital Markets is pleased to present the land sale of a 7.53-acre infill development site, Bennett Creek Phase II (the “Site” or “Property”), located in the burgeoning Butler/Baymeadows submarket of southside Jacksonville, Florida. Ideally situated with close proximity to the area’s diverse economic drivers and providing swift access to major thoroughfares, the Site offers versatile development potential across multiple asset classes. The Site has served as the phase II portion of the existing Bennett Creek apartment complex and has previously received approval for self storage development, demonstrating the Site’s viable optionality.

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投资亮点

Expansive Retail and Shopping Destination

The Site is located only an 11-minute drive from the St. Johns Town Center, which spans 1.4 million square feet with big-box tenants including Nordstrom, Dillard’s, Target, Dick’s Sporting Goods, Barnes & Noble, DSW, Apple, Ross Dress For Less, Marshalls, Old Navy and Burlington.

The Town Center district also includes Markets at Town Center (Sprouts Farmers Market, Nordstrom Rack, West Marine, REI, Cooper’s Hawk Winery), Strand (Best Buy, PGA TOUR Superstore, Hobby Lobby), Costco, and Topgolf.

Essential retailers are also conveniently within 10 minutes from the Site such as Publix, Walmart Supercenter, and Sam’s Club.

Robust Office & Industrial Hub

Neighboring the Site is an established base of activated office and industrial space featuring strong national tenant representation.

The greater submarket comprises 16.8 million square feet of office space, the largest region for inventory within the Jacksonville MSA, along with 22.7 million square feet of industrial space.

Significant Healthcare & Higher Education Presence

Ascension St. Vincent’s Southside Hospital (309 beds) and HCA Florida Memorial Hospital (454 beds) sit within a 7-minute drive from the Site. Approximately 15 minutes from the Site is Mayo Clinic (304 beds).

The University of North Florida is also located within 15 minutes from the Site and is home to 16,750 students. Approximately 70% of students remain in the Jacksonville MSA upon graduation.

Strong Demographics Profile

The established population surrounding the Site within a 3-mile radius is expected to grow 3.6% over the next 5 years and currently boasts a $100K average household income.

There are +63K employees in the area and more than 65% of the population is white-collar employed.

Strategic Location & High Connectivity

The Site benefits from high connectivity to Jacksonville’s largest demand drivers through quick, direct access to Interstate 95 (5-minute drive, 173K VPD), US Highway 1 (5-minute drive, 34K VPD) and State Road 202 (5-minute drive, 101.5K VPD).

Centrally located, the Site allows a convenient commute to Downtown Jacksonville (11 minutes), Jacksonville Beach (20 minutes) and Jacksonville International Airport (25 minutes).

Development Optionality

The 7.53-acre, efficiently shaped, prime infill Site offers new ownership the flexibility to create a strategic business plan that unlocks maximum value by capitalizing on the area’s established economic fundamentals to deliver a complementary use that meets market demand.