Listed by Landmark Commercial Realty Group Inc
$1,200,000
1715 Village Way Medical Office
Details
APN 41-04-26-019509-000-00
Property Type Office
Sub Type Medical Office
Square Footage 5,377
Cap Rate 8.00%
NOI $90,300
Occupancy 68.8%
Tenancy Single
Lease Type NNN
Lease Expiration 12/31/2027
Remaining Term 1.5
Pro-Forma Cap Rate 11.00%
Pro-Forma NOI $131,299
Price per SqFt $325
Class B
Year Built 1992
Buildings 1
Stories 3
Acreage 0.813
Zoning CPO
Investment Type Stabilized
Medical Office | 8.00% CAP | 5,377 SqFt
Marketing description
This hospital-adjacent medical office sits less than one mile from HCA Florida Orange Park Hospital, supporting durable referral-driven demand.
An established specialty practice anchors 3,698 square feet, at $24.42 per square foot NNN, with full operating expense reimbursement, while 1,679 square feet of vacant lower-level space offers lease-up, expansion, or specialty build-out potential that can enhance future income and value.
Investment highlights
- Immediate cash flow is secured by an established medical tenant near HCA Florida Orange Park Hospital. Vacant basement space provides measurable lease-up upside, with full-building occupancy increasing annual rent to $116,898.
- A proposed expansion and extension could also convert short-term income into longer-duration cash flow with annual escalations.
Listing Contacts
Listed by Landmark Commercial Realty Group Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$90,300.00
$7,525.00/mo
Valuation Metrics
0
DSCR
7.52%
Cap Rate
7.52%
ROI
Map
Zoning
CPO CommercialOfficeCommercial Professional Office
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View all 125 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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