2121 Corporate Square Blvd

Jacksonville, FL

Office for Sale - $895,000 - 23,706 Sq. Ft. on 3.2 acres

NAI Hallmark

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Agent Info

NameDaniel Burkhardt
CompanyNAI Hallmark

Property Info

CIMLS #962948
Location2121 Corporate Square Blvd
Jacksonville FL 32216
Last UpdatedJanuary 16th, 2018
TypeOffice
Price$895,000
Building23,706 Sq. Ft.
Land3.2 acres
DemographicsView data

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Property Description

Investment property with an opportunity to increase occupancy. Even with this significant value add, the property is currently positively cash flowing, a rare find in the current investment market.

Location Description:

Located within Corporate Square, the property draws tenants from all over the city due to its central location and close proximity to retail, restaurants and amenities.

Highlights:

>> Located within Corporate Square, the property draws tenants from all over the city due to its central location and close proximity to retail, restaurants and amenities.

>> With vacancy of nearly 40%, there is an opportunity to increase occupancy to the submarket average of approximately 90%.

>> The property has a diversified rent roll with tenants from many different industries; i.e. security, real estate, law, massage, ministry and more.

>> The buildings are well constructed and well maintained. The landscaping features an attractive arrangement of manicured lawn, shrubs and plants.

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