For Sale
$700,000

3811 Blanding BlvdJacksonville, FL 32210

Jacksonville Office Building - High NOI

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional two-story, 3,620 square foot Class B office building, located at 3811 Blanding Boulevard in Jacksonville, Florida, presents a compelling investment opportunity or owner-user scenario. Currently boasting 100% occupancy with two tenants across three units, the property generates a strong net operating income (NOI) of $46,500, translating to a 6.00% capitalization rate. The building, constructed in 1989, sits on a 10,890 square foot lot and is zoned CCG-1. Both tenants are on month-to-month leases commencing July 1, 2024, offering flexibility for the new owner. The property includes ample parking (12-15 spaces) and benefits from a recently installed roof (2024). Its convenient location on Blanding Boulevard near Cedar River provides excellent visibility and accessibility. This multi-tenant property offers a solid return on investment with the potential for future rental increases. The building's 3,620 square feet are well-suited for a variety of professional office uses. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable Jacksonville location. The property's strong financial performance and strategic location make it an attractive option for both investors and owner-occupiers seeking a stable and profitable asset.

Property Details for 3811 Blanding Blvd

Property type
Office properties
Square Feet
3,620 SF
Class
B
Year Built
1989
Stories
2
Units
3

Location Insight

City
Jacksonville
County
Duval
State
Florida
Latitude
30.2677848
Longitude
-81.7368951
3811 Blanding Blvd, Jacksonville, Florida

FAQs

What type of property is this?
Office property - Jacksonville Office Building - High NOI
Where is the office property located?
The property is located at 3811 Blanding Blvd Jacksonville, FL.
What is the asking price?
The asking price for this property is $700,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
3811 Blanding Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message