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1401-1403 Park Ave - Park Avenue Suites 576 - 910 SF Office Condo Units Offered at $297,238 - $380,188 CAD Per Unit in Fernandina Beach, FL 32034
INVESTMENT HIGHLIGHTS
- The property features high visibility with frontage on 14th street, allowing for both excellent exposure and accessibility.
- The property is strategically positioned just north of Amelia Park's entrance and south of First Coast Community Bank, enhancing its appeal.
- The fully leased building offers an incredible investment opportunity, adding stability and a reliable tenant base to the property.
- The building features two spacious offices, a welcoming reception area, and a generous breakroom, making it well-suited for various professional uses.
EXECUTIVE SUMMARY
Income producing property, fully occupied by reliable tenants.
PROPERTY FACTS
| Total Building Size | 6,065 SF | Typical Floor Size | 5,337 SF |
| Property Type | Office | Year Built | 1999 |
| Building Class | B | Lot Size | 0.56 AC |
| Floors | 1 | ||
| Zoning | PUD - Planned Unit Development | ||
| Total Building Size | 6,065 SF |
| Property Type | Office |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 5,337 SF |
| Year Built | 1999 |
| Lot Size | 0.56 AC |
| Zoning | PUD - Planned Unit Development |
2 UNITS AVAILABLE
Unit B
| Unit Size | 576 SF | Sale Type | Investment |
| Price | $297,238 CAD | Cap Rate | 5.94% |
| Price Per SF | $516.04 CAD | NOI | $17,655.91 CAD |
| Condo Use | Office |
| Unit Size | 576 SF |
| Price | $297,238 CAD |
| Price Per SF | $516.04 CAD |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 5.94% |
| NOI | $17,655.91 CAD |
SALE NOTES
Class A office space with 14th Street frontage. Available for sale or for lease. Unit has two large offices, a reception area and a large breakroom. Located just north of the entrance to Amelia Park and south of First Coast Community Bank. Tenant in the building is Edward Jones Financial who is on a NNN lease.
Unit E
| Unit Size | 910 SF | Sale Type | Investment |
| Price | $380,188 CAD | Cap Rate | 7.61% |
| Price Per SF | $417.79 CAD | NOI | $28,932.27 CAD |
| Condo Use | Office |
| Unit Size | 910 SF |
| Price | $380,188 CAD |
| Price Per SF | $417.79 CAD |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 7.61% |
| NOI | $28,932.27 CAD |
DESCRIPTION
00-00-31-163A-000E-0000
SALE NOTES
Sales price is negotiable. 100% leased. Call today for details.
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MAJOR TENANT INFORMATION
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Edward Jones |
910 SF
|
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|
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Presented by
Charles W Lasserre Real Estate Inc
1401-1403 Park Ave - Park Avenue Suites
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