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3599 University Blvd #601

Jacksonville , Florida 32216

Listing Type:
For Sale
Listing Price:
$1,062,000.00
Property Type:
Office
Property Subtype:
Medical
Year Built:
1976
Listing Status:
Active
Building Size:
3935 SqFt

Description:

3599 University Blvd S Suite 601 Jacksonville, FL 32216 is as a high-quality, recession and covid resistant medical investment opportunity.
The Property is an approximately 3,935 SF one story medical office building with 5 exam rooms. It is occupied by Synovation Medical Group, a large Pain Management practice with over 30 locations nationwide. A 12-year absolute NNN lease shall commence at Close of Escrow. The building was recently renovated (2021) and it is approved for Medicare billing.
The Property is located on the Brookfield Rehabilitation Hospital Campus, and it is adjacent to Memorial Hospital - a 454 bed multi-specialty hospital with a Level II trauma center.
High-Quality Passive Investment Opportunity in the Income Tax Free State of Florida. Ideal for a Healthcare investor looking for a long-term medical lease guaranteed by one of the largest privately held Pain Management companies in the nation with 30 years of operating experience.
Medical Office Building on Hospital Campus
Recently Renovated MOB
12 Year Absolute NNN Lease Starting at Close of Escrow / No Buyer Responsibility
3% Annual Increases and Two 5-year Renewal Options
Long-Term Ground Lease until 2076
Strong Corporate Guaranty - High-Quality Tenant with 30 Years of Operating Experience and 30 Other Locations

Presented by:

Kahle Commercial  Group

(904) 541-0700

Click here to email

Listed by:

Keller Williams Realty Studio City

Studio City

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