550 Balmoral Cir - Medical FOR SALE


Jacksonville, FL 32218
$2,480,493 USD
904-537-6443
550 Balmoral Cir, Jacksonville, FL for Sale
$2,480,493 USD
Medical - FOR SALE
1/12
null | 7% Cap Rate

550 Balmoral Cir
Jacksonville, FL 32218


HIGHLIGHTS

  • Many New 5 YEAR NNN LEASES!
  • PROFESSIONAL OFFICE INVESTMENT WITH TENANTS IN PLACE!
  • Thriving North Jacksonville Location!

OVERVIEW

The Busch Professional Office Pavilion Investment offers a rare opportunity in North Jacksonville's thriving Busch Drive Business Park. This low vacancy office complex features many brand-new 5-year leases across its office suites, ensuring stable and predictable income. Additionally, the property is undergoing a full conversion into office condominiums, further enhancing its long-term value and appeal to investors. This unique offering represents a strategic investment in a high-demand location with significant growth potential.

FOR SALE DETAILS

PRICE

$2,480,493 USD

PRICE/SF

$197 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Busch Office Pavilion Professional Office Par

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Loft/Creative Space, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

67

LAND DETAILS

LAND ACRES

2.07 AC

LAND SF

90,169 SF

ZONING

CCG-1

APN/PARCEL ID

044279-0700

ASK ABOUT THIS PROPERTY

Eric MaimoColdwell Banker CommercialMore Info
904-537-6443

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Eric MaimoColdwell Banker CommercialMore Info
904-537-6443

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