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.