UF HEALTH FAMILY MEDICINE | 6015 118th St
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UF HEALTH FAMILY MEDICINE 6015 118th St
5,678 SF Office Building Jacksonville, FL 32244 $1,814,588 ($320/SF) 7.66% Cap Rate
Investment Highlights
- University-Backed Health System: Backed by the University of Florida Jacksonville Physicians Inc., a university-affiliated hospital system.
- Built-to-Suit Location: Initially built to suit the tenant’s requests and requirements, this property is tailored to meet the needs of the tenant.
- Income Tax-Free State: Located in the business-friendly state of Florida, investors will benefit from the absence of state income tax.
- Growing Billion-Dollar Markets: The United States pediatric market size was estimated at $12.46 billion in 2022 and is expected to grow.
- Highly Visible Location: Strategically positioned at the hard corner of Blanding Blvd and 118th St, this site enjoys high visibility.
- Advantageous Return: This investment offers an investor a year-one cap rate of 7.67%, which is increasingly important.
Executive Summary
Broker of Record
Kyle Matthews
License No. CQ1066435 (FL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Kyle Matthews
License No. CQ1066435 (FL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
5,678 SF
Building Class
B
Year Built
2012
Price
$1,814,588
Price Per SF
$320
Cap Rate
7.66%
NOI
$138,997
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,678 SF
Building FAR
0.10
Lot Size
1.34 AC
Zoning
CCG-2
Parking
30 Spaces (5.28 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 097871-0005 | Improvements Assessment | $1,270,114 |
| Land Assessment | $209,886 | Total Assessment | $1,480,000 |
PROPERTY TAXES
Parcel Number
097871-0005
Land Assessment
$209,886
Improvements Assessment
$1,270,114
Total Assessment
$1,480,000
Contacts
-
Jake Allen -
Ryan Burke -
Michael Moreno -
Rahul Chhajed -
Matthews Real Estate Investment Services
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UF HEALTH FAMILY MEDICINE | 6015 118th St
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