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2122 University Blvd S

Jacksonville, FL 32216
  • $1,137,000
  • STATUS: Active
  • ON SITE: 298 Days
  • MLS #: 1202664
Price Reduced
UPDATED: 41 min ago
$1,137,000
  • 0
    BEDS
  • 0.63
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,360
    SQFT
  • $338
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2003
County:
Area:

School Ratings & Info

Description

INVESTMENT SALE 6.5% CAP RATE - This property was converted to medical use in 2015. The building was renovated at that time to accommodate this use. It is leased by an infectious disease group that has multiple locations in Florida and Georgia. The remaining term on the lease is 4 years. The current lease is a NN but will be converted to a NNN. The only expense currently paid by landlord is real estate tax. It is priced at a 6.5% cap rate.

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© 2023 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than 97Park are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2023-09-26T10:31:46.44.

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2122 University Blvd S Jacksonville, FL 32216

  • Price: $1,137,000
  • Status: Active
  • On Site: 298 Days
  • Updated: 41 min ago
  • MLS #: 1202664
0
Beds
0
Baths
0
½ Baths
0.63
Acres
3,360
SQFT
$338
$/SQFT
2003
Built
Neighborhood:
02-Southside
County:
Duval
Area:
02-Southside
Property Description
INVESTMENT SALE 6.5% CAP RATE - This property was converted to medical use in 2015. The building was renovated at that time to accommodate this use. It is leased by an infectious disease group that has multiple locations in Florida and Georgia. The remaining term on the lease is 4 years. The current lease is a NN but will be converted to a NNN. The only expense currently paid by landlord is real estate tax. It is priced at a 6.5% cap rate.
Exterior Features

Lot Features Irregular Lot Parking Features Other Parking Road Frontage Type City Street Road Surface Type Asphalt

Property Features

Attached Garage YN No Business Type Professional/OfficeNet LeaseInvestment Cash Yes Conventional Yes Development Status Recorded Plat Listing Terms ConventionalCash Possession Tenant Occupied Utilities Water - PublicSewer - Public

Listing courtesy of Keller Williams First Coast Realty: (904) 541-0180.


© 2023 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than 97Park are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2023-09-26T10:31:46.44.

Digital Millennium Copyright Act
 
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