Listed by SVR Commercial LLC Ponte Vedra Beach
$3,500,000
Baymeadows Way Business Center - Bldg #7948
Details
APN 152612-0650
Property Type Office
Sub Type Executive Office, Medical Office
Square Footage 41,511
Net Rentable (SqFt) 41,511
Cap Rate 10.22%
NOI $357,790
Occupancy 100%
Tenancy Multi
Lease Type Gross
Rent Bumps Yes
Price per SqFt $84
Broker Co-Op Yes
Class B
Year Built 1981
Year Renovated 2023
Buildings 1
Stories 3
Acreage 0.350
Zoning IBP
Investment Type Core+
Ground Lease No
100% Occupied Office in Jacksonville, FL | 41,511 SF
Marketing description
SVR Commercial, as exclusive advisor, is privileged to present the opportunity to acquire 7948 Baymeadows Way, Jacksonville, FL 32256, located in Baymeadows Way Business Center (the “Property”). The Property consists of one (1) Three-story office building totaling ± 41,511 square feet, situated on ±0.35 acres of land.
This property is currently 100% occupied and positively cash-flowing, with further upside potential through future rent increases and lease restructuring.
Investment highlights
100% Occupied with Further Value-Add Potential
Stable and Diverse Tenant Pool
Captive and Dense Trade Area
Listing Contacts
Listed by SVR Commercial LLC Ponte Vedra Beach
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$357,790.00
$29,815.83/mo
Valuation Metrics
0
DSCR
10.22%
Cap Rate
10.22%
ROI
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