Listed by Strategic Sites, LLC
$1,250,000
3599 University Blvd. S., Suite 601
Details
Property Type Office
Sub Type Medical Office
Square Footage 3,827
NOI $75,000
Tenancy Single
Lease Type NNN
Lease Expiration 02/28/2035
Rent Bumps Yes
Investment Type Net Lease
Ground Lease Yes
Medical Office Investment Jacksonville, FL | 3,827 SqFt
Marketing description
Nicely improved, medical floor plan to include reception, x-ray, five exam rooms, recovery room, procedure room, breakroom, four private offices, conference room and three restrooms.
Well-located medical office building adjacent to the HCA Florida Memorial Hospital campus.
Investment highlights
- +/-3,827 Medical Office
- Purchase Price: $1,250,000
- Triple Net Lease in place with Olios Health, current term expires February 28, 2035
- Tenant is subleasing to Barbour Orthopedics
- Current NOI: $75,000 with 3% annual rent increases
- Nicely improved, medical floor plan to include reception, x-ray, five exam rooms, recovery room, procedure room, breakroom, four private offices, conference room and three restrooms
- Underlying land lease renewed in 2025 for fifty years
- Well-located medical office building adjacent to the HCA Florida Memorial Hospital campus
Listing Contacts
Listed by Strategic Sites, LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$75,000.00
$6,250.00/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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