For Sale
$3,750,000

6871 Belfort Oaks PlJacksonville, FL 32216

Jacksonville Medical Office, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 13,760 square foot medical office building in Jacksonville, Florida, presents a compelling investment opportunity. Boasting a strong 6.57% cap rate and a substantial net operating income (NOI) of $246,397, this fully leased property offers significant financial returns. Built in 1997 and renovated in 2002, the building comprises three units occupied by creditworthy medical tenants, ensuring minimal maintenance and consistent cash flow. Situated on a 1.45-acre lot in the Belfort Oaks Professional Office Park, this prime Southside location provides convenient access to St. Vincent's Hospital, J. Turner Butler Boulevard, and I-95. Its proximity to the beaches (under 15 miles) and downtown Jacksonville (under 9 miles) further enhances its appeal. The property is zoned IBP and offers a fantastic opportunity for a 1031 exchange. The asking price is $3,750,000, translating to $272.53 per square foot. This is a rare chance to acquire a stable, high-performing medical office building in a desirable location.

Highlights

  • Excellent 1031 exchange opportunity.
  • Strong credit-worthy medical tenants in place.
  • Low maintenance requirements.

Property Details for 6871 Belfort Oaks Pl

Property type
Office properties, Medical offices
Square Feet
13,760 SF
Year Built/Renovated
1997/2002
Lot Size (sq. ft)
63,162 SF
Units
3

Location Insight

City
Jacksonville
County
Duval
State
Florida
Latitude
30.2586238
Longitude
-81.5830977
6871 Belfort Oaks Pl, Jacksonville, Florida

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6871 Belfort Oaks Pl
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