1406 Kingsley Ave - Medical FOR SALE


Orange Park, FL 32073
$1,460,000 USD
904-323-1488
1406 Kingsley Ave, Orange Park, FL for Sale
$1,460,000 USD
Medical - FOR SALE
1/19
null | 9.68% Cap Rate

1406 Kingsley Ave
Orange Park, FL 32073


HIGHLIGHTS

  • 3D Walkthrough available under Links below!
  • Great frontage on Kingsley avenue short distance from the hospital
  • Traffic light cornered lot
  • Recently updated with high end finishes
  • Fully Occupied income producing asset

OVERVIEW

For Sale: Fully Occupied Medical Office Building – 8633 Sq Ft – 9.5% Cap Rate – Prime Kingsley Avenue Location Property Overview: This recently renovated, professional medical office building presents a rare opportunity for investors seeking a high-performing, fully stabilized asset in a prime location. With 10 fully occupied suites, this property boasts a strong 9.5% cap rate and built-in rent increases, offering a secure long-term investment with consistent cash flow. Key Features: Total Building Size: 8,633 Sq Ft Lot Size: Corner lot totaling over 1 acre Fully Occupied: 10 professional medical office suites Cap Rate: 9.5% Built-in Rent Increases: Ensuring future income growth Location: High-traffic, lighted intersection with excellent frontage on Kingsley Avenue Proximity to: Orange Park Hospital and key medical facilities Renovation: Recently updated interior and exterior, providing modern amenities for tenants and patients Market Demand: Limited supply of real estate along Kingsley Avenue, making this an especially desirable location Investment Highlights: Stabilized Asset: Fully leased with a diverse tenant mix, providing predictable revenue Prime Location: Strategically located just minutes from Orange Park Hospital, making it ideal for medical office tenants and patients Strong Long-Term Hold: The property is perfectly suited for investors seeking a stable, income-producing asset with the potential for future rent growth Limited Availability: A rare opportunity to acquire a property in a high-demand area with limited real estate availability Ideal for Investors: This is an excellent opportunity for anyone looking to enter the uniquely stable and growing medical office market in Orange Park. With its strategic location, long-term tenants, and consistent rental increases, this property is a solid addition to any investment portfolio. Don't miss out on this exceptional opportunity. Contact us today to schedule a tour or request more information! This area has extremely limited supply for space as Orange Park hospital continues to expand its growth and development near by. Great long term hold for any investor looking to enter this uniquely stabilized market. Six of the Seven Hvac units have recently been replaced. The building has a backlog of tenants trying to actively rent when any availability does open up.

FOR SALE DETAILS

PRICE

$1,460,000 USD

PRICE/SF

$171 USD /SF

CAP RATE

9.68%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

CPO

APN/PARCEL ID

41-04-26-019500-000-00

ASK ABOUT THIS PROPERTY

Tim HorvathBold City CommercialMore Info
904-323-1488

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Tim HorvathBold City CommercialMore Info
904-323-1488

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