Overview
- Office, Commercial Sale
- 18546 Sqft
Description
One or more photo(s) has been virtually staged. Rare opportunity to acquire a stabilized ±18, 510 SF two-building lakefront office/flex investment property located within Jacksonville’s highly sought-after Baypine / Deerwood business corridor. Situated on a professionally maintained waterfront campus with abundant parking, mature landscaping, and immediate access to Interstate 95 and Butler Boulevard (JTB), the property consists of both a ±13, 704 SF main building and a ±4, 806 SF building. Recent ownership capital improvements, strong curb appeal, and a strategic location within one of Jacksonville’s premier office submarkets position this asset as a compelling long-term investment opportunity. The property is 100% occupied by a long-term established organization with more than 15 years of occupancy history and a recently exercised renewal option, providing stable in-place cash flow through a Triple-Net (NNN) lease structure with contractual 5% annual rent escalations. The offering presents an attractive 6.59% cap rate based on current income, with projected NOI growth through future rent escalations and additional upside potential from below-market in-place rental rates.
Address
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Address: 8669 BAYPINE ROAD
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City: Jacksonville
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State/county: FL
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Zip/Postal Code: 32256
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Country: US
Details
Updated on June 8, 2026 at 1:59 pm-
Property ID HZO6414238
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Price $2,499,000
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Property Size 18546 Sqft
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Land Area 3.05 Acres
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Year Built 1994
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Property Type Office, Commercial Sale
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Property Status Active
Additional details
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Roof Shingle
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Cooling Central Air
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Flooring Carpet
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County Duval
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Property Type Commercial Sale
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Parking Ground Level, Over 30 Spaces
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Waterfront Lake Front
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