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13119 Professional Dr 3,000 SF 50% Leased Office Building Jacksonville, FL 32225 $940,000 ($313.33/SF) 3.83% Cap Rate
Investment Highlights
- Prime Location in the Only Professional Office Park in the Area Off of Atlantic Blvd, Harbour Place Professional Park
- 50% Occupied with New Prostheitcs & Orthotics Lessee @ $24/SF NNN
- Concrete Paneling
- Roof Replaced in 2022
- 3.1% Vacancy Rate for Office Space Between 250-7,500SF in the Surrounding Area
- Ideal for Owner-Users or Investors
Executive Summary
Marcus & Millichap is pleased to present the exclusive opportunity to acquire 13119 Professional Dr, Jacksonville, FL 32225, a high-quality medical office asset strategically positioned in the Harbour Place Professional Park, on a major intersection of Atlantic Blvd and Hodges Blvd. Mid-Florida Prosthetics & Orthotics began leasing Suite 100 at the start of 2026 and has a 2-year lease term starting at $24/SF NNN with an annual bump. If another tenant moves into the adjacent 1,500 SF Suite 200 at $23/SF NNN, a 7.5% cap rate is achievable at the list price. Therefore, this opportunity is ideal for an owner-user or an investor looking to place a tenant. This property is located in the heart of Jacksonville’s growing medical and professional corridor, offering strong accessibility, excellent visibility, and proximity to key healthcare providers, residential communities, and major roadways.
The property features a well-maintained structure with modern interior build-outs, designed for medical or professional office users. With ample parking, strong demographics, and an established professional environment.
The property features a well-maintained structure with modern interior build-outs, designed for medical or professional office users. With ample parking, strong demographics, and an established professional environment.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
3,000 SF
Building Class
B
Year Built/Renovated
1998/2022
Price
$940,000
Price Per SF
$313.33
Cap Rate
3.83%
NOI
$36,000
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,000 SF
Building FAR
0.14
Lot Size
0.51 AC
Zoning
PUD - Commercial
Parking
24 Spaces (8 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Wheelchair Accessible
- Reception
- Monument Signage
- Air Conditioning
- Smoke Detector
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
| Space | Size | Space Use | Condition | Available |
| Ground-Ste 200 | 1,500 SF | Office/Medical | Full Build-Out | Now |
Ground-Ste 200
| Size |
| 1,500 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Ground-Ste 200
| Size | 1,500 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
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Property Taxes
| Parcel Number | 167316-0420 | Total Assessment | $446,700 |
| Land Assessment | $220,880 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $225,820 | Tax Year | 2026 |
Property Taxes
Parcel Number
167316-0420
Land Assessment
$220,880
Improvements Assessment
$225,820
Total Assessment
$446,700
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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