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550 Balmoral Cir N - Bldg 2 4,200 SF Office Condo Unit Offered at $1,377,309 CAD in Jacksonville, FL 32218
INVESTMENT HIGHLIGHTS
- Very Stable Occupancy History: Lots of Retail, Industrial and Other Commercial Properties Located Nearby!
- Easy Ingress and Egress to Property and Easy to Manage!
- Available for Immediate Occupancy!
- New Industrial, Retail, Residential Developments Nearby Provides Continued Growth!
- Development in the Park includes Sam's Club, U.S. Post Office, Medical and Professional Offices. Anheuser-Busch Major Employer Nearby.
EXECUTIVE SUMMARY
Building 300 in Busch Office Pavilion Professional Office Park is available for sale in North Jacksonville, specifically in the Busch Drive Business Park, these are mostly occupied with brand new 5yr leases in place. The office suites are in the process of being fully converted into office condominiums. This is a great opportunity for an owner user to occupy 1,080 SF while collecting the income from the remaining tenants in the building. This is a rare NNN investment opportunity that is below replacement cost and it will not last.
PROPERTY FACTS
AMENITIES
- Air Conditioning
1 UNIT AVAILABLE
Unit 300
| Unit Size | 4,200 SF | Sale Type | Investment or Owner User |
| Price | $1,377,309 CAD | Cap Rate | 8.11% |
| Price Per SF | $327.93 CAD | NOI | $111,735.32 CAD |
| Condo Use | Office |
| Unit Size | 4,200 SF |
| Price | $1,377,309 CAD |
| Price Per SF | $327.93 CAD |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.11% |
| NOI | $111,735.32 CAD |
DESCRIPTION
Building 300 in Busch Office Pavilion Professional Office Park is available for sale in North Jacksonville, specifically in the Busch Drive Business Park, these are mostly occupied with brand new 5yr leases in place. The office suites are in the process of being fully converted into office condominiums. This is a great opportunity for an owner user to occupy 1,080 SF while collecting the income from the remaining tenants in the building. This is a rare NNN investment opportunity that is below replacement cost and it will not last.
SALE NOTES
Fantastic opportunity for either an owner occupant looking to collect income from remainder of building that is 74% occupied with long term tenants.
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550 Balmoral Cir N - Bldg 2
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