1123-1131 3rd St N - Medical FOR SALE


Jacksonville Beach, FL 32250
$1,600,000 USD
904-616-2303
1123-1131 3rd St N, Jacksonville Beach, FL for Sale
$1,600,000 USD
Medical - FOR SALE
1/8
null | 8% Cap Rate

NEW


1123-1131 3rd St N
Jacksonville Beach, FL 32250


OVERVIEW

Prime location in Jacksonville Beach- located on the East side ( ocean side) of heavily trafficked 3rd St. Easy access with 2 points of entry! A trophy asset that needs some attention with various property updates and marketing of the vacant space. Sellers have owned for 31 years and are ready for new ownership. Currently has 23 parking spots and a sign pole for the tenants with great visibility. One of the tenants requires very little parking as it caters seafood boils. They occupy 1,000 s.f. at $30 per s.f. on a gross lease. Lease expires 8/28 with 3% annual increases. The other tenant is a chiropractor who occupies 1,400 s.f. at $28 per s.f. on a gorss lease. Lease expires 4/30 with 3% annual increases.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$363 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

JC-1

APN/PARCEL ID

174571-0000

ASK ABOUT THIS PROPERTY

David LaneKeller Williams Realty Atlantic Partners SouthsideMore Info
904-616-2303

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David LaneKeller Williams Realty Atlantic Partners SouthsideMore Info
904-616-2303

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.