Concentra Urgent Care | 1524 Normandy Village Pky
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Concentra Urgent Care 1524 Normandy Village Pky
8,360 SF Office Building Jacksonville, FL 32221 $4,200,000 ($502/SF) 5.78% Cap Rate
Investment Highlights
- Double-Net (NN) Lease | Limited Landlord Responsibilities
- Original 10-Year Lease | 7.9 Years Remaining
- 5.00% Rental Increases Every Two (2) Years | Two (2), Four (4)-Year Options At Fair Market Value (FMV)
- Property Originally Constructed In 2020 | 2.13-Acre Lot
Executive Summary
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.
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.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
8,360 SF
Building Class
B
Year Built
2021
Price
$4,200,000
Price Per SF
$502
Cap Rate
5.78%
NOI
$242,603
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,360 SF
Building FAR
0.09
Lot Size
2.12 AC
Zoning
CCG-1 - General Business
Parking
44 Spaces (5.26 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 007627-0200 | Improvements Assessment | $1,691,610 |
| Land Assessment | $627,590 | Total Assessment | $2,319,200 |
PROPERTY TAXES
Parcel Number
007627-0200
Land Assessment
$627,590
Improvements Assessment
$1,691,610
Total Assessment
$2,319,200
Contacts
-
Glen Kunofsky -
Ryan Duffy -
Judson Kauffman -
Hannan Ben Yosef -
Matthew Sorace -
NNN Pro Group
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Concentra Urgent Care | 1524 Normandy Village Pky
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