Listed by NAI Hallmark
$9,500,000
6676 Corporate Center Pkwy
Details
APN 152793-0000
Property Type Office
Sub Type Executive Office
Square Footage 59,800
Occupancy 100%
Tenancy Multi
Price per SqFt $158
Class A
Year Built 2005
Buildings 1
Stories 1
Acreage 4.950
Zoning IBP (Industrial Business Park)
Parking Spaces 300 spaces
Parking Per SqFt 5.02
Office | 59,800 SqFt
Marketing description
NAI Hallmark as exclusive advisor, is pleased
to present the opportunity to acquire 6676 Corporate Center
Parkway, Jacksonville, Florida 32216 (the “Property”). Situated on
approximately 4.95 acres, the Property is comprised of a 59,800
square foot multi-tenanted office building.
Built in 2005, the Property sits in the Southpoint Office Park,
a premier office destination in Jacksonville due to its central
location and immediate proximity to the interchange of I-95 and J.
Turner Butler, two of the most heavily trafficked roads in Northeast
Florida with more than 170,000 average daily vehicle trips.
The Property is fully occupied by Lancer Insurance, Brooks
Rehabilitation, and ITEL, which utilizes the Property for materials
testing operations supporting insurance claims integral to its
business. The tenancy has a WALT of over six years, providing
investors with long-term stability, and cash flow.
Investment highlights
- Institutional quality, income producing property with diverse tenant base and high walt: the property is 100% leased with a walt (weighted average lease term) of 6+ years. Tenants include brooks rehabilitation, lancer insurance, and iTel laboratories, providing strong industry diversification that helps insulate the asset from sector-specific downturns.
- Mission-critical lab & testing operations anchor tenancy: the property is anchored by iTel laboratories, which utilizes specialized laboratory and materials testing space to support insurance claims and forensic analysis, creating a mission-critical operating location that enhances tenant retention and long-term income durability.
- Great location with nearby restaurants and amenities: the property is located within the Southpoint business park, one of the top performing office submarkets in Jacksonville. The submarket draws tenants from all over the city due to its central location, close proximity to upscale residential neighborhoods, major medical uses and services. The property is less than 4 miles away from the St. John's town center, which is the dominant outdoor lifestyle center in Jacksonville with over two million square feet of retail, restaurants, apartments and amenities.
- Accessibility to major roads: the property offers outstanding regional connectivity, located within a mile of the sr-202 (j. Turner butler Blvd)/1-95 interchange, two of the most heavily trafficked roads in northeast Florida with more than 170,000 average daily vehicle trips. It also provides convenient access to us-1 and 1-295, for easy access to the entire Jacksonville MSA.
- Fast growing major metro in Florida with νο state income tax: this offering provides the opportunity to invest in the Jacksonville, FL MSA, which is benefiting from major population and employment growth. Jacksonville has consistently enjoyed some of the largest increases in net population inflow in the entire country for the past several years and was named the #2 hottest job market in America by the WSJ in 2024.
Listing Contacts
Listed by NAI Hallmark
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