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Building 8 7948 Baymeadows Way 41,511 SF 99% Leased Office Building Jacksonville, FL 32256 $3,600,000 ($86.72/SF) 9.94% Cap Rate
INVESTMENT HIGHLIGHTS
- 100% Occupied with Further Value-Add Potential
- Captive and Dense Trade Area
- Stable and Diverse Tenant Pool
EXECUTIVE SUMMARY
SVR Commercial, as exclusive advisor, is privileged to present the opportunity to acquire 7948 Baymeadows Way, Jacksonville, FL 32256, located in Baymeadows Way Business Center (the “Property”). The Property consists of One (1) Three-story office building totaling ± 41,511 square feet, situated on ±0.35 acres of land.
This property is currently 100% occupied and positively cash-flowing with further upside potential through future rent increases and lease restructuring.
This property is currently 100% occupied and positively cash-flowing with further upside potential through future rent increases and lease restructuring.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
41,511 SF
Building Class
B
Year Built/Renovated
1981/2023
Price
$3,600,000
Price Per SF
$86.72
Cap Rate
9.94%
NOI
$357,790
Percent Leased
99%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
13,837 SF
Building FAR
2.72
Lot Size
0.35 AC
Zoning
IBP-2 - Industrial Business Park
Parking
150 Spaces (3.61 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Controlled Access
- Courtyard
- Food Service
- Security System
- Signage
- Air Conditioning
- Smoke Detector
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 2nd Fl-Ste 204
- 350 SF
- Office
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 204 | 350 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 204
| Size |
| 350 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 1
PROPERTY TAXES
| Parcel Number | 152612-0700 | Improvements Assessment | $1,862,995 |
| Land Assessment | $1,029,105 | Total Assessment | $2,892,100 |
PROPERTY TAXES
Parcel Number
152612-0700
Land Assessment
$1,029,105
Improvements Assessment
$1,862,995
Total Assessment
$2,892,100
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