1524 Normandy Village Pky - Medical FOR SALE


Jacksonville, FL 32221
$4,200,000 USD
332-345-4222
1524 Normandy Village Pky, Jacksonville, FL for Sale
$4,200,000 USD
Medical - FOR SALE
1/2
null | 5.78% Cap Rate

1524 Normandy Village Pky
Jacksonville, FL 32221


HIGHLIGHTS

  • Double-Net (NN) Lease | Limited Landlord Responsibilities
  • 5.00% Rental Increases Every Two (2) Years | Two (2), Four (4)-Year Options At Fair Market Value (FMV)
  • Original 10-Year Lease | 7.9 Years Remaining
  • Property Originally Constructed In 2020 | 2.13-Acre Lot

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Concentra Urgent Care located at 1524 Normandy Village Pkwy, Bldg 100, Jacksonville, FL 32221. The site consists of roughly 8,360 rentable square feet of building space on an estimated 2.12- acre parcel of land. This Concentra Urgent Care is subject to a 10- year Double Net (NN) lease, which commenced 9/1/2022. The current annual rent is $242,603 and has scheduled increases of 5.00% every 2 years.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$502 USD /SF

CAP RATE

5.78%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Concentra Urgent Care

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

2.12 AC

LAND SF

92,347 SF

ZONING

CCG-1

APN/PARCEL ID

007627-0200

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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