Fresenius Kidney Care | 57,000 VPD | 3107 Edgewood Ave W
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Fresenius Kidney Care | 57,000 VPD 3107 Edgewood Ave W
8,300 SF Retail Building Jacksonville, FL 32209 $6,154,000 ($741/SF) 6.35% Cap Rate
Investment Highlights
- 6+ Years Remaining | Options To Extend | Annual Rental Increases
- Signalized, Hard-Corner Intersection (57,000 VPD) | Strong National/Credit Tenant Presence
- NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, Fresenius investment property located in Jacksonville, Florida. The tenant, Bio-Medical Applications of Florida, Inc. has over 6 years remaining on its 15-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 1.7% annual rental increases throughout the initial term and 10% increases at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,300 SF
Building Class
B
Year Built
2016
Price
$6,154,000
Price Per SF
$741
Cap Rate
6.35%
NOI
$390,783
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.64 AC
Zoning
CCG-1 - COMMERCIAL
Parking
34 Spaces (4.1 Spaces per 1,000 SF Leased)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 041449-0040 | Improvements Assessment | $2,514,168 |
| Land Assessment | $196,640 | Total Assessment | $2,710,808 |
PROPERTY TAXES
Parcel Number
041449-0040
Land Assessment
$196,640
Improvements Assessment
$2,514,168
Total Assessment
$2,710,808
1 of 10
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Fresenius Kidney Care | 57,000 VPD | 3107 Edgewood Ave W
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.