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Baptist Health | 5Yrs Remaining | 7.25% Cap 3690 St Johns Bluff Rd S 7,474 SF 100% Leased Office Building Jacksonville, FL 32224 $4,462,347 CAD ($597.05 CAD/SF) 7.25% Cap Rate

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INVESTMENT HIGHLIGHTS

Passive Ownership: The modified NNN lease offers investors a hands-off ownership experience and predictable income.
Top Health System: Baptist Health, a non-profit health system based in Jacksonville, FL, is the largest in northeast Florida.
Top City of Florida: Jacksonville, with over 1 million residents, is the largest city in Florida and ranks among the top 10 largest cities in the U.S.

Growing Market: The U.S. pediatric healthcare market is projected to grow from $15.93 billion in 2025 to $19.38 billion by 2030.
Income Tax-Free State: Florida has no state income tax and has recently eliminated the sales tax on commercial rental income.

EXECUTIVE SUMMARY

Broker of Record
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550

PROPERTY FACTS

Sale Type

Investment

Property Type

Office

Property Subtype

Medical

Building Size

7,474 SF

Building Class

Year Built/Renovated

1998/2005

Price

$4,462,347 CAD

Price Per SF

$597.05 CAD

Cap Rate

7.25%

NOI

$323,520 CAD

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Typical Floor Size

7,474 SF

Building FAR

0.10

Lot Size

1.64 AC

Zoning

CCG-1, Jacksonville

PROPERTY TAXES

Parcel Number	167461-1600	Improvements Assessment	$941,771 CAD
Land Assessment	$1,658,882 CAD	Total Assessment	$2,600,653 CAD

PROPERTY TAXES

Parcel Number

167461-1600

Land Assessment

$1,658,882 CAD

Improvements Assessment

$941,771 CAD

Total Assessment

$2,600,653 CAD

(630) 854-9717

CONTACTS

Tyler Swade
Michael Moreno
Rahul Chhajed
Matthews Real Estate Investment Services

Listing ID: 38321968
Date on Market: 2025-11-04
Last Updated:
Address: 3690 St Johns Bluff Rd S, Jacksonville, FL 32224

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3690 St Johns Bluff Rd S, Jacksonville, FL for sale Building Photo- Image 1 of 4 — LoopNet-001_Web Posting_Cover_loopnet(with logo) (1)

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