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    3107 Edgewood Ave W

    Jacksonville, FL 32209
    • $5,361,134
    • STATUS: Closed
    • ON SITE: 241 days
    • MLS #: 1036247
    Sold - 06/19/2020
    $5,361,134
    SOLD - 06/19/2020
    • 0
      BEDS
    • 1.64
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,315
      SQFT
    • $0
      $/SQFT

    School Ratings & Info

    Description

    TURN KEY OPPORTUNITY FOR INVESTORS!- 11 Years Remaining in 15 year lease- NNN Lease- CAP RATE: 5.94%-NOI: $359,196Subject offering is a fee simple interest, leased to Fresenius Kidney Care. Fresenius is the largest dialysis company in the world. The demand for dialysis is growing faster in Jacksonville, FL then anywhere else in the nation. Minimal landlord obligations. The tenant has 1.7% annual increases in rent & three 5 year options to renew. Each of the 3 options rent increases by 10%. There is a 15 year roof warranty. The building was build-to-suit for Fresenius in 2016 in a thriving area of Jacksonville FL. It consists of 17 chairs/stations serving between 90 - 110 patients. The facility was at capacity within 18 months.See mls#1036246 for 2nd building fo

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    © 2020 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than The Hanley Home Team at Keller Williams Realty Atlantic Partners Southside are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2020-10-01T11:24:21.707.

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    3107 Edgewood Ave W Jacksonville, FL 32209

    • Price: $6,050,000
    • Status: Closed
    • Updated: 58 min ago
    • MLS #: 1036247
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.64
    Acres
    8,315
    SQFT
    $0
    $/SQFT
    2016
    Built
    Neighborhood:
    07-Springfield/Downtown/Paxon/Trout River South
    County:
    Duval
    Area:
    07-Springfield/Downtown/Paxon/Trout River South
    Property Description
    TURN KEY OPPORTUNITY FOR INVESTORS!- 11 Years Remaining in 15 year lease- NNN Lease- CAP RATE: 5.94%-NOI: $359,196Subject offering is a fee simple interest, leased to Fresenius Kidney Care. Fresenius is the largest dialysis company in the world. The demand for dialysis is growing faster in Jacksonville, FL then anywhere else in the nation. Minimal landlord obligations. The tenant has 1.7% annual increases in rent & three 5 year options to renew. Each of the 3 options rent increases by 10%. There is a 15 year roof warranty. The building was build-to-suit for Fresenius in 2016 in a thriving area of Jacksonville FL. It consists of 17 chairs/stations serving between 90 - 110 patients. The facility was at capacity within 18 months.See mls#1036246 for 2nd building fo
    Exterior Features

    Building Stories 1 Story Exterior Wall Stucco Lot Description High & DryRegular Lot Lot Location Free Standing Max Prking Spc Avail 100 Navigable To Ocean YN No Parking Facilities 51 - 100 SpacesAsphalt BlacktopGuest ParkingSecured Road Frontage City Street Road Surface Asphalt Road Street Frontage Yes Structure Wood Frame Waterfront YN No

    Interior Features

    Ceiling Height 8' - 10' Ceilings Energy Features Heat Pump-Air HVAC CentralElectric Misc Amenities Security LightingSecurity System Total Bldg Sq Ft 9119.00

    Property Features

    Asbestos Present No Building Class A Building Name Fresenius Kidney Car Buildings 1 Building Commercial Type Commercial Condition Excellent Conformto Exist Zng Yes Current Zoning Ccg-1 Development Status Other Documents On File Bldg Permits On FileFloor Plans On FilePhotos On FileSurvey On File Environmental Audit Yes Existing Rental Inc 359195.00 Expenses Include Accounting/Legal Improved Or Unimproved Improved Landlord Expenses Exterior MaintenanceRoof MaintenanceStructural Lot Number 1 Max Base Lease Rate 425148.00 Occupancy Tenant Occupied Occupancy Rate 100.00 Possible Financing 1031 ExchangeCashConventionalPrivate Financing Available Present Use Zoned CommercialProfessional/Office Property Type Commercial Square Foot Source Tax Roll Tenant Expenses InsuranceJanitorialSignageTaxesUtilities Type Potential Use BusinessCommercial Units 1 - 4 Units Use Of Adjacent Area Professional Office Utilities Cable - ConnectedSep Elect Meter(S)Sewer - PublicWater - Public

    Listing courtesy of Keller Williams Realty Atlantic Partners.


    © 2020 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than The Hanley Home Team at Keller Williams Realty Atlantic Partners Southside are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2020-10-01T11:24:21.707.

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    The Hanley Home Team at Keller Williams Realty Atlantic Partners Southside
    8702 Perimeter Park Blvd
    Jacksonville FL, 32216