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29432407
29432409

13119 Professional Dr, Jacksonville, FL 32225

EB
FL FL SL3486353
Marcus & Millichap - Jacksonville
Listed by Marcus & Millichap - Jacksonville
$940,000
128 days on market
Updated 9 days ago

Harbour Place Professional Office

Details
APN 167316-0420
Property Type Office
Sub Type Medical Office, Traditional Office
Square Footage 3,000
Net Rentable (SqFt) 3,000
Units 2
NOI $36,000
Occupancy 50%
Tenancy Multi
Lease Type NNN
Lease Term 2
Lease Expiration 01/31/2028
Remaining Term 1.7
Rent Bumps Yes
Lease Options No
Pro-Forma Cap Rate 7.54%
Pro-Forma NOI $70,860
Price per SqFt $313
Broker Co-Op Yes
Class B
Year Built 1998
Year Renovated 2022
Buildings 1
Stories 1
Acreage 0.510
Zoning PUD
Parking Spaces 24 spaces
Parking Per SqFt 8.00
Investment Type Value Add
Tenant Credit Credit Rated
Lease Commencement 02/01/2026
Occupancy Date 01/27/2026
Ground Lease No
Ownership Fee Simple
Sale Condition For sale by owner

Two Tenant Office | Owner User | 3,000 SqFt | New Roof | Concrete Paneling

Marketing description

Marcus & Millichap is pleased to present the exclusive opportunity to acquire 13119 Professional Dr, Jacksonville, FL 32225, a high-quality medical office asset strategically positioned in the Harbour Place Professional Park, on a major intersection of Atlantic Blvd and Hodges Blvd. Mid-Florida Prosthetics & Orthotics began leasing Suite 100 at the start of 2026 and has a 2-year lease term starting at $24/SF NNN with an annual bump. If another tenant moves into the adjacent 1,500 SF Suite 200 at $23/SF NNN, a 7.5% cap rate is achievable at the list price. Therefore, this opportunity is ideal for an owner-user or an investor looking to place a tenant. This property is located in the heart of Jacksonville’s growing medical and professional corridor, offering strong accessibility, excellent visibility, and proximity to key healthcare providers, residential communities, and major roadways.

The property features a well-maintained structure with modern interior build-outs, designed for medical or professional office users. With ample parking, strong demographics, and an established professional environment.

Investment highlights

  • Prime Location in the Only Professional Office Park in the Area Off of Atlantic Blvd, Harbour Place Professional Park
  • Roof Replaced in 2022
  • 50% Occupied with New Prosthetics & Orthotics Lessee @ $24/SF NNN
  • 3.1% Vacancy Rate for Office Space Between 250-7,500SF in the Surrounding Area
  • Ample Parking and Easy Accessibility
  • Ideal for Owner-Users or Investors
  • Median HH Income | 3 Mile Radius | $92,458

Listing Contacts

EB
FL FL SL3486353
Marcus & Millichap - Jacksonville
Listed by Marcus & Millichap - Jacksonville

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$36,000.00
$3,000.00/mo

Valuation Metrics

0
DSCR
3.83%
Cap Rate
3.83%
ROI

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Additional Information

Name
Edwinn Bruchman
License
FL SL3486353
Brokerage
Marcus & Millichap
Brokerage Phone
(904) 672-1400
Title
Real Estate Agent
Brokerage Address
818 Jimmy Buffett Memorial Highway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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