1211 Saint Johns Bluff Rd N - Freestanding FOR SALE


Jacksonville, FL 32225
$4,857,000 USD
480-221-4221
1211 Saint Johns Bluff Rd N, Jacksonville, FL for Sale
$4,857,000 USD
Freestanding - FOR SALE
1/7
null | 6.35% Cap Rate

1211 Saint Johns Bluff Rd N
Jacksonville, FL 32225


HIGHLIGHTS

  • Corporate Guaranteed Lease | Options To Extend | Scheduled Rental Increases
  • NN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Kernan Village | Atlantic North Shopping Mall | Dense Retail Corridor
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an NN leased, corporate guaranteed Fresenius Kidney Care investment property located in Jacksonville, Florida. The tenant, Bio-Medical Applications of Florida, Inc. has 7 years of lease term remaining with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 1.70% annual rental increases throughout the initial term and 10% rental increases at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NN with minimal landlord responsibilities making it an ideal, low management investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$4,857,000 USD

PRICE/SF

$767 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fresenius Kidney Care Regency Dialysis

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

G4

APN/PARCEL ID

161801-0000

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.