
One or more photo(s) has been virtually staged. Rare opportunity to acquire a stabilized +18,510 SF two-building lakefront office/flex investment property located within Jacksonville's highly sought-after Baypine / Deerwood business corridor. Situated on a professionally maintained waterfront campus with abundant parking, mature landscaping, and immediate access to Interstate 95 and Butler Boulevard (JTB), the property consists of both a +13,704 SF main building and a +4,806 SF building. Recent ...One or more photo(s) has been virtually staged. Rare opportunity to acquire a stabilized +18,510 SF two-building lakefront office/flex investment property located within Jacksonville's highly sought-after Baypine / Deerwood business corridor. Situated on a professionally maintained waterfront campus with abundant parking, mature landscaping, and immediate access to Interstate 95 and Butler Boulevard (JTB), the property consists of both a +13,704 SF main building and a +4,806 SF building. Recent ownership capital improvements, strong curb appeal, and a strategic location within one of Jacksonville's premier office submarkets position this asset as a compelling long-term investment opportunity.The property is 100% occupied by a long-term established organization with more than 15 years of occupancy history and a recently exercised renewal option, providing stable in-place cash flow through a Triple-Net (NNN) lease structure with contractual 5% annual rent escalations. The offering presents an attractive 6.59% cap rate based on current income, with projected NOI growth through future rent escalations and additional upside potential from below-market in-place rental rates.
View MoreCourtesy of
Agency Name: CARRIGAN LAND GROUP, LLC
Agency Contact: 407-462-7720
Agent Name: Dylan Bynum
Presented by
Agency Title: The Keyes Company
Agency Phone:
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8669 Baypine Road, Jacksonville, FL 32256.
Email 8669 Baypine Road, Jacksonville, FL 32256
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