6600 Corporate Center PkwyJacksonville, FL 32216

Property Details for 6600 Corporate Center Pkwy

Year built

2001

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

6.89 AC

Property size (Sq ft)

92,750 SF

Zone code

IBP

Property type

Office buildings

APN

152570-1200

APU

1525701200

Description

This exceptional investment opportunity presents a 3-story, 88,062 square foot Class A office building in Jacksonville, Florida. Located on 6.89 acres within the Southpoint Business Park, the property boasts prime visibility along I-95 and close proximity to major roadways, including the intersection of I-95 and SR-202. The building, constructed in 2001, is currently 100% occupied by Acosta, Inc., under an absolute NNN lease, shielding the landlord from all operating expenses, including roof and structural maintenance. This provides a secure, passive income stream. The property benefits from its location in a thriving office submarket, close to numerous restaurants, retailers, and amenities, including the St. John's Town Center, a major lifestyle center. The surrounding area demonstrates strong demographics, with a dense population and high average household income within a 5-mile radius. The Jacksonville MSA is experiencing significant population and employment growth, making this a compelling investment in a rapidly expanding Florida market with no state income tax. The property is zoned IBP (Industrial Business Park) and features a single tenancy. This is a rare opportunity to acquire a high-quality, fully occupied office building with a strong tenant and favorable lease terms in a dynamic market. The property's location and lease structure offer significant long-term value and potential for appreciation. The Duval County APN is 152570-1200.

• CAP approach

  CAP return

  Valuation

  6%

  $16,093,077

  6.5%

  $14,855,148

  7%

  $13,794,066

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,307,928

  Geo Method

  $6,307,928

• Alternative Use

  Use

  Valuation

  Residential

  $18,420,384

  Hospitality

  $16,872,972

  Educational

  $14,038,115

  Medical

  $14,520,907

  Retail

  $21,837,068

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.2559

Longitude

-81.5993

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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