Historical Office Sale Listing - 16,500 SF Vacant with Adjacent Tenant Income

Office For Sale

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16,500 SF Vacant with Adjacent Tenant Income

8050 Lone Star Road, Jacksonville, FL 32211

N/A

27,227 SF | Office

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Office Property - Off Market

Price:
N/A
Building Size:
27,227 SF
Property Type:
Office
Property Sub-type:
Office Building
Additional Sub-types:
Office-R&D
Special Purpose (Other)
Religious Facility
Property Use Type:
Vacant/Owner-User
Commission Split:
2%
No. Stories:
2
Building Class:
B
Year Built:
2010
Lot Size:
2.20 AC
APN / Parcel ID:
120833-0050
Parking Ratio:
4 / 1,000 SF
Listing ID
17392011
Last Updated
7 days ago

Highlights

  • 100% NNN leases yielding $217,750 NOI - 9.5% Cap Rate
  • $600,000 interior renovations in 2010; $150,000 interior renovations 2012
  • Outside and parking lot renovations in 2010
  • End-cap location with frontage to Lone Star Road
  • Potential Acquisition: 10% Seller Held 2nd, 80% New Loan and 10% Cash
  • Excellent educational or medical district in the Arlington Sub-Market

Description

The property is an end cap with frontage. Renovated to class B office in 2010. Approximately 11,000 Sq. Ft. is leased to credit tenant with $10,000 per month rental income. The balance of the space, approximately 16,500 Sq. Ft. is available for an owner-occupant or new tenant.

Located on the south side of Lone Star road, within the Arlington sub-market, between Townsend Blvd and Mill Creek Road near the Regency Square Boulevard ramp to I-295 beltway around the City of Jacksonville.

Map of 8050 Lone Star Road, Jacksonville, FL 32211 (Duval County)

Research for 8050 Lone Star Road, Jacksonville, FL 32211 (Duval County)

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