8171 Baymeadows WayJacksonville, FL 32256

This exceptional Class A office complex, situated on 9.01 acres in Jacksonville, Florida's desirable Southside Deerwood corridor, presents a unique investment opportunity. The property, encompassing 70,000 square feet across four stories in two buildings at 8171 & 8173 Baymeadows Way W, offers a compelling blend of location, amenities, and potential. Built in 1995, the traditional brick and glass structure boasts 262 parking spaces, a significant advantage in this market. The property features modern high-speed elevators, a fully sprinklered system, and an on-site generator, ensuring operational efficiency and safety. Currently, the first and second floors (32,261 RSF) are available, while the third and fourth floors (33,941 RSF) are leased until December 31, 2028, with a tenant investment exceeding $1 million in tenant improvements. The lease terms are NNN, with an average rate of $20 per square foot and estimated operating expenses of $8.92 per square foot. The property is zoned IBP, providing flexibility for future development. Its convenient location offers easy access to Interstate 95, St. Johns Town Center, and the St. Johns County residential market, making it an ideal location for businesses seeking a prestigious address and strong tenant base. The asking price is $7,700,000, representing a significant opportunity to acquire a property well below replacement cost. A stop-lighted entrance and beautiful park-like setting further enhance the property's appeal.