** UNDER MARKET VALUE **
- Immediate Pro Forma Upside:
A leasable vacancy of 1,678 SF on the lower level provides a clear path to increase NOI to $131,299. At a conservative 7.5%–8.0% cap rate range, this stabilizes the asset's future value between $1.64M and $1.75M.
- Strong Financials: Priced at an attractive $1,200,000, yielding a strong $90,300 Net Operating Income (NOI) at a competitive 8.0% cap rate.
- ?Immediate cash flow is secured by an established medical tenant near HCA Florida Orange Park Hospital.
- Stabilized Stream: Anchored by Florida Physician Specialist, LLC through late 2027 under a Triple Net (NNN) lease structure, minimizing landlord expense exposure.
- Desirable Medical Zoning: Zoned CPO (Commercial Professional Office), making it ideal for medical, clinical, or professional services looking for a dedicated footprint.