Stabilized Medical & Professional Office Investment | Jacksonville Beach, FL
Medical office building located in a highly sought-after submarket with a diverse tenant mix consisting of approximately 57% medical and 43% professional office users. The building is 100% occupied, with minimal vacancy over the past five years, and features a strong base of long-term medical tenants.
Built in 2008 with reinforced concrete construction, the property has been well maintained and recently painted, with multiple suite-level updates completed in recent years. Tenants benefit from individually metered utilities and HVAC, modern building systems (elevator, sprinkler, and alarm), and ample surface parking (4.4/1,000 SF).
Current leases include annual rental increases, with a projected NOI of $355,410 and a pro forma cap rate of 6.5% starting in March 2026, based on existing contractual escalations. A detailed pro forma rent roll and lease summary are available to qualified buyers upon request.
This property presents a rare opportunity to acquire a stabilized, income-producing, Class A asset in one of Jacksonville’s most supply-constrained and tenant-preferred coastal submarkets.