NAI Hallmark, Jacksonville’s largest locally owned commercial real estate brokerage and property management firm, has announced the sale of Blanding Town Center, located at 5014-5276 Blanding Blvd. in Jacksonville. Partner and Senior Vice President Daniel Burkhardt and Vice President, Retail Specialist Austin Kay represented the seller, TSG Realty. The buyer, Blanding Town Center LLC, acquired the property for $8,350,000.
The property is a two-building, multi-tenanted, grocery-anchored neighborhood retail center encompassing approximately 83,069 square feet. The retail center is situated at the intersection of Blanding Boulevard and 103rd Street, two major thoroughfares on Jacksonville’s west side. The location offers accessibility, with close proximity to I-295, U.S. 17, Naval Air Station Jacksonville, Cecil Airport and Cecil Commerce Center, which is home to major employers such as Amazon, Wayfair, Boeing and Stellar Energy.
For more information about the sale of Blanding Town Center or inquiries regarding investment real estate opportunities across Northeast Florida, contact Daniel Burkhardt at db@naihallmark.com.
