For Sale
$947,200

13133 Professional DrJacksonville, FL 32225

Prime Office Investment, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 3,200 square foot, single-story office building located at 13133 Professional Drive in Jacksonville, Florida. The property, built in 1996, sits on a 1.58-acre lot and is zoned PUD - Office, medical, real estate. Currently boasting 100% occupancy with two tenants, this Class B building offers a stabilized investment with a strong net operating income (NOI). The building is divided into two 1,600 square foot suites, each currently under lease. Suite 100's lease, renewed January 1, 2023, runs through December 31, 2026, with a 3% annual increase. Its current year NOI is $27,232.80. Suite 200's lease, renewed July 1, 2023, extends to June 30, 2026, also with a 3% annual escalation (next adjustment July 1, 2024), and a current year NOI of $27,103.80. The property is offered at $947,200, representing a price per square foot of $296. The lease type is NNN, and the remaining lease term is approximately 2.1 years. This property is ideally situated just three miles from the beaches and offers significant potential for owner-users or investors. The property's convenient location and strong tenant base make it a compelling investment opportunity.

Highlights

  • 3,200 SF single-story office building on a 1.58-acre lot in Jacksonville, FL.
  • 100% occupied Class B building with two 1,600 SF suites, each under lease.
  • NNN leases with approximately 2.1 years remaining; 3% annual rent increases.
  • Strong NOI: $54,336.60 (combined).
  • Offered at $947,200 ($296/SF).

Property Details for 13133 Professional Dr

Property type
Office properties, Medical offices
Square Feet
3,200 SF
Class
B
Year Built
1996
Buildings
1
Stories
1
Lot Size (sq. ft)
68,825 SF
Units
2

Location Insight

City
Jacksonville
County
Duval
State
Florida
Latitude
30.320911
Longitude
-81.4627652
13133 Professional Dr, Jacksonville, Florida

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13133 Professional Dr
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