$1,592,979 USD
847-361-4181
HIGHLIGHTS
- INCOME TAX FREE STATE: Florida is one of the nine states that do not have state income tax.
- DENSE RESIDENTIAL AREA: This clinic is surrounded by a dense residential setting, providing an opportune location for a pediatric clinic
- TOP HEALTH SYSTEM: Baptist Health is a non-profit health system based in Jacksonville, FL. It is the most extensive health system in northeast Florida
- PASSIVE OWNERSHIP: The modified NNN lease included with this asset provides investors not only with a more ‘hands-off ’ type of ownership
- ABOVE AVERAGE RENTAL INCREASES: Rental escalators have become a predominant aspect of rental income
- TOP CITY OF FLORIDA: With over one million residents, Jacksonville is the largest city in the State of Florida and one of the top ten largest cities
FOR SALE DETAILS
PRICE
$1,592,979 USD
PRICE/SF
$301 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Baptist Pediatrics | 7.25% Cap | 3% Bumps
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Convenience Store, Drug Store, Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1979
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.66 AC
LAND SF
28,750 SF
ZONING
CRO
APN/PARCEL ID
151585-0070
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847-361-4181
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847-361-4181
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