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3599 University Blvd S - Bldg 601-602 3,827 SF Office/Medical Condo Unit Offered at $1,250,000 in Jacksonville, FL 32216



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 | Sale Type | Investment |
| Price | $1,250,000 | Cap Rate | 6.00% |
| Price Per SF | $326.63 | NOI | $75,000 |
| Condo Use | Office/Medical |
| 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 | Typical Floor Size | 4,274 SF |
| Property Type | Office (Condo) | Year Built | 1976 |
| Building Class | C | Lot Size | 0.18 AC |
| Floors | 1 | Parking Ratio | 3.5/1,000 SF |
| Zoning | CRO | ||
| 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 |
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Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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