Belfort 1
Office | 8.50% CAP | 70,525 SqFt
Marketing description
SVR Commercial, as exclusive advisor, is privileged to present the opportunity to acquire Belfort 1, located at 7751 Belfort Parkway, Jacksonville, Florida 32256 (the “Property”). The Property consists of (1) three-story office building totaling 70,525 square feet that is located on 8.53 Acres. The Property was built in 1989 and renovated in 2019, and currently has an occupancy of 91.6%. Belfort 1 offers a high-stability anchor tenant, the Cancer Specialists of North Florida (18,381 SF), which uses this location as the headquarters for its rapidly expanding practice. The Property is also home to several well-regarded national and Regional office tenants, including publicly traded Invitation Homes, an S&P 500 company (NYSE: INVH).
The Property is 91.57% occupied by a diverse group of well-regarded national and regional office tenants, including the Cancer Specialists of North Florida, who are headquartered at this location, Invitation Homes, an S&P 500 company (NYSE: INVH), A. Harold and Associates, Kuna Coworking, and several other tenants in a variety of industries.
Investment highlights
INSTITUTIONAL QUALITY INCOME PRODUCING OFFICE COMPLEX
VALUE-ADD ON AN ALREADY STRONG IN-PLACE CASH FLOW
GREAT LOCATION / NEARBY AMENITIES
CAPTIVE AND DENSE TRADE AREA
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