For Sale
$1,173,690
1914 Southside Blvd Jacksonville, FL 32216
High-yield multi-tenant office building in prime location.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- Located in Jacksonville, FL's growing Southside area, near HCA Florida Memorial Hospital.
- High visibility on Southside Boulevard, a major thoroughfare with ~35,000 vehicles per day.
- Ankle & Foot Associates (16-unit operator) will sign a new 10-year NNN lease at closing with 2% annual rent increases.
- Netco Holding Company (dba Mason Title & Escrow) has a lease through April 30, 2027, with 2% annual rent increases and monthly CAM reimbursements.
- 5,824 SF Class A medical office building on a 1.16-acre lot, built in 2001, with a new roof (2021) and a 6.7-year weighted average lease term (WALT).
- Asking price: $1,173,690, projecting a 7.75% cap rate and $90,961 pro-forma NOI.
Property Details for 1914 Southside Blvd
- Property type
- Office properties, Medical offices
- Square Feet
- 5,824 SF
- Class
- A
- Year Built
- 2001
- Lot Size (sq. ft)
- 50,530 SF
Location Insight
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Latitude
- 30.3105516
- Longitude
- -81.5594412
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - High-yield multi-tenant office building in prime location.
- Where is the office property located?
- The property is located at 1914 Southside Blvd Jacksonville, FL.
- What is the asking price?
- The asking price for this property is $1,173,690.
- What are key features of this property?
- This property features: Located in Jacksonville, FL's growing Southside area, near HCA Florida Memorial Hospital.; High visibility on Southside Boulevard, a major thoroughfare with ~35,000 vehicles per day.; Ankle & Foot Associates (16-unit operator) will sign a new 10-year NNN lease at closing with 2% annual rent increases.
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