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Executive Summary

Well-located medical office building adjacent to the HCA Florida Memorial Hospital campus

1 Unit Available

Unit 601

Unit Size 3,827 SF
Price $1,250,000
Price Per SF $326.63
Condo Use Office/Medical
Sale Type Investment
Cap Rate 6.00%
NOI $75,000
Description

Nicely improved, medical floor plan to include reception, x-ray, five exam rooms, recovery room, procedure room, breakroom, four private offices, conference room and three restrooms

Sale Notes

Triple Net Lease in place with Olios Health, current term expires February 28, 2035
Tenant is subleasing to Barbour Orthopedics
Underlying land lease renewed in 2025 for fifty years

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Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 4,274 SF
Property Type Office (Condo)
Building Class C
Floors 1
Typical Floor Size 4,274 SF
Year Built 1976
Lot Size 0.18 AC
Parking Ratio 3.5/1,000 SF
Zoning CRO
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
  • Listing ID: 40165039

  • Date on Market: 4/15/2026

  • Last Updated:

  • Address: 3599 University Blvd S, Jacksonville, FL 32216

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