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19841520
19841539

6789 Southpoint Dr S, Jacksonville, FL 32216

Marcus & Millichap - Jacksonville
Listed by Marcus & Millichap - Jacksonville
$1,200,000
647 days on market
Updated 91 days ago

Southpoint Commons | Bldg 300 | 2520 SF | MTM Tenant

Details
APN 152570-2150
Property Type Office
Sub Type Creative Office, Medical Office (+1)
Square Footage 2,520
Net Rentable (SqFt) 2,520
Units 1
NOI $24,263
Occupancy 100%
Tenancy Single
Lease Options 0
Pro-Forma Cap Rate 5.42%
Price per SqFt $476
Broker Co-Op Yes
Year Built 2006
Parking Spaces 5 per 1,000 sq ft
Investment Type Value Add
Occupancy Date 10/01/2024
Sale Condition For sale by owner

Southpoint Commons | Bldg 300 | Office | 2,520 SF | MTM Tenant

Marketing description

Marcus & Millichap is pleased to present Southpoint Commons, a 12,582 square foot office park fronting Southpoint Pkwy and located in a professional office community in the Southside sub-market of Jacksonville, FL. The three buildings on this parcel are situated on 1.92 acres and were built in 2006. The two buildings located on the western side of the property each contain 5,040 square feet of rentable space, and the one building located on the eastern side of the parcel has 2,520 square feet of rentable space. The current tenant is a group of attorneys who are month to month. This is an ideal owner-user property with low maintenance in a highly centralized location. Ascension Saint Vincent’s Southside Hospital and two rehab centers, Wekiva Springs and Woodland Grove, are within one mile of the subject, creating demand for medical office tenants who service the

Investment highlights

Located in the Highly Desried Southpoint Business Park

Near Saint Vincents Hospital

Close Proximity to Interstate 95 and State Road 202

Ideal For an Owner-User

Current Tenant Month to Month

Listing Contacts

Marcus & Millichap - Jacksonville
Listed by Marcus & Millichap - Jacksonville

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$24,263.00
$2,021.92/mo

Valuation Metrics

0
DSCR
2.02%
Cap Rate
2.02%
ROI

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Additional Information

Name
Simon V. Grigoryan, CCIM, MBA
License
FL SL3322898
Brokerage
Marcus and Millichap
Title
Real Estate Broker
Brokerage Address
5200 Belfort Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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