Baptist Health | Double Net (NN) Lease Investment

$6,048,000

9090 Regency Square Blvd North, Jacksonville, FL 32211

For Sale

Office Medical

Active

Last Updated: 09/11/2021

Details:

Cap Rate: 5.25%

NOI: $317,514

Building Size: 15,713 sqft

Lot Area: 3.06 acres

Lease Type: Double Net

Year Built: 1992

Price Per Sqft: $384.90

Roof & Structure : Landlord’s Responsibility

Repairs, Maintenance, HVAC & Utilities : Tenant’s Responsibility

Property Taxes, Insurance & Common Area : Tenant’s Responsibility

Highlights:

Single Tenant Hospital Property in Jacksonville, FL
Baptist Health Includes: 12 Hospitals; Over 2,600 Beds; 4,000 Physicians; 23,000 Employees; and it Sees Over 1.5 Million Patient Visits Per Year
Almost 7 Years Left on the Lease Which Provides For a Secure and Hands-Off Investment
Brand New Roof to Be Installed 2021
Situated Less Than 10 Minutes to Downtown Jacksonville and 30 Minutes From Atlantic Beach
Jacksonville is the Most Populous City in Florida, and is the Largest City By Area in the Contiguous United States as of 2020
Florida is an Income Tax Free State
Nearby Tenants Include: Lowe’s, ALDI, Starbucks, Taco Bell, Best Buy, Subway, Zaxby’s, Red Lobster, Chipotle, Target, Home Depot and More

Description:

Sands Investment Group is Pleased to Present Exclusively For Sale the 15,713 SF Baptist Health Located at 9090 Regency Square Blvd North in Jacksonville, Florida . This Deal Includes Almost 7 Years Left on the Lease Which Provides For a Secure and Hands -Off Investment Opportunity .

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