Marcus & Millichap is proud to present Bowden Pointe, a fully leased multi-tenant flex/industrial asset located at 5730 Bowden Road in Jacksonville, Florida. The property comprises approximately 50,668 square feet across 17 suites on 3.86 acres and is currently 100% occupied, offering immediate and stable cash flow. Offered at $8,750,000,
the investment represents an attractive basis of $172.69 per square foot and a going-in cap rate of 6.14%.
The property generates $787,812 in effective gross income and $537,063 in net operating income, supported by a strong reimbursement structure in which tenants contribute approximately 24% of total income, helping to offset operating expenses and enhance cash flow durability. Built in 1988, Bowden Pointe features a flexible configuration designed to accommodate a diverse mix of office, showroom, and warehouse users.
Strategically positioned in Jacksonville’s infill Southpoint submarket with immediate access to Interstate 95, the property benefits from strong connectivity to major employment centers and a growing regional economy. Bowden Pointe offers investors a compelling opportunity to acquire a stabilized, income-producing asset with diversified tenancy, operational efficiency, and long-term upside in one of Florida’s most dynamic industrial markets.