550 N Balmoral Cir new Save Request In-Person Tour Request Virtual Tour
Jacksonville,FL 32218
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 253582
Full Baths 10
Year Built 1988
Annual Tax Amount $22,351
Tax Year 2023
Property Sub-Type Office
Property 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. - Brand New 5YR NNN Leases! - Rare 8.11% Cap Rate Opportunity! - Development in the Park includes Sam's Club, U.S. Post Office, Medical and Professional Offices! - New Industrial, Retail, Residential Developments Nearby Provides Continued Growth! - Easy Ingress and Egress to Property!
Location
State FL
County Duval
Area 18 - Duval County
Zoning CG
Building
Story 1