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Bldg B 6501 Arlington Expy 29,212 SF 66% Leased Office Building Jacksonville, FL 32211 $1,950,000 ($66.75/SF) 10.90% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 85% occupancy; Over $235K Annual Rent
  • CCG-2 Zoning; Prominent Siting - +290' of Arlington Expressway Frontage
  • Building Upgrades - Common Areas=2019, Exterior Paint=2019, HVACs(4)=2018, Roof=2005
  • Strong Income Producing Office Building with Professional Service Tenants
  • Location - Downtown=5 mins, I-95=10 mins, I-10=10 mins, St Johns Town Center=15 mins, JAX Airport=20 mins, Atlantic Beach=20 mins

EXECUTIVE SUMMARY

- 85% occupancy
- Over $235,000 Annual Rent

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Office
Building Size
29,212 SF
Building Class
B
Year Built/Renovated
1973/2019
Price
$1,950,000
Price Per SF
$66.75
Cap Rate
10.90%
NOI
$212,550
Percent Leased
66%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
14,606 SF
Building FAR
0.48
Lot Size
1.41 AC
Zoning
CCG-2, Jacksonville
Parking
74 Spaces (2.82 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 1,922-5,000 SF
  • Office
  • Full Build-Out
  • Now

First Time On Market -- Tenant Relocated To Larger Suite ~1,922-SF corner office with ~400-SF adjacent available Natural Light Interior and Exterior Entrances Below Market Lease Rate Accounts For Aesthetic Renovations

Space Size Space Use Condition Available
1st Floor 1,922-5,000 SF Office Full Build-Out Now

1st Floor

Size
1,922-5,000 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 1,922-5,000 SF
Space Use Office
Condition Full Build-Out
Available Now

First Time On Market -- Tenant Relocated To Larger Suite ~1,922-SF corner office with ~400-SF adjacent available Natural Light Interior and Exterior Entrances Below Market Lease Rate Accounts For Aesthetic Renovations

Walk Score®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
142266-0000
Land Assessment
$586,033
Improvements Assessment
$863,367
Total Assessment
$1,449,400
  • Listing ID: 27991419

  • Date on Market: 3/16/2023

  • Last Updated:

  • Address: 6501 Arlington Expy, Jacksonville, FL 32211

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Bldg B | 6501 Arlington Expy

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