5627 Atlantic Blvd | Jacksonville, FL 32207
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- LoopNet Team
5627 Atlantic Blvd
Jacksonville, FL 32207
8.5% Cap Value-Add Office · Office Property For Sale
Investment Highlights
- 8.5% Cap Value Add
- Well maintained
- Sale-Leaseback
- Newer roof, newer HVAC
PROPERTY FACTS
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
9,256 SF
Building Class
C
Year Built/Renovated
1986/2009
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,145 SF
Building FAR
0.34
Lot Size
0.63 AC
Zoning
CO - Commercial Office
Parking
30 Spaces (4.39 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Partitioned Offices
- Air Conditioning
About 5627 Atlantic Blvd , Jacksonville, FL 32207
Newer HVAC, newer roof, excellent location. Well maintained, value-add opportunity with 6 tenants in place, all on gross leases (tenants pay electric) with escalators. Current owners occupying suites 1-3 and will sign a lease upon closing at $2,400/mo + utilities and sales tax. Suites range from 800SF to 1,000SF. Easy to rent when necessary, great for entry to mid-level investor looking for income at a decent cap rate. Owners have stayed on top of the property as they occupy a part of it.
PROPERTY TAXES
| Parcel Number | 134549-0000 | Improvements Assessment | $335,226 |
| Land Assessment | $148,974 | Total Assessment | $484,200 |
PROPERTY TAXES
Parcel Number
134549-0000
Land Assessment
$148,974
Improvements Assessment
$335,226
Total Assessment
$484,200
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