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One or more photo(s) has been virtually staged. Rare opportunity to acquire a stabilized ±18,510 SF two-building lakefront office/flex investment property located within Jacksonville's highly sought-after Baypine / Deerwood business corridor. Situated on a professionally maintained waterfront campus with abundant parking, mature landscaping, and immediate access to Interstate 95 and Butler Boulevard (JTB), the property consists of a ±13,704 SF main building and a ±4,806 SF ancillary building. Recent ownership capital improvements, strong curb appeal, and a strategic location within one of Jacksonville's premier office submarkets position this asset as a compelling long-term investment opportunity. The property is 100% occupied by a long-term established organization with more than 15 years of occupancy history and a recently exercised renewal option, providing stable in-place cash flow through a Triple-Net (NNN) lease structure with contractual 5% annual rent escalations. The offering presents an attractive 6.59% cap rate based on current income, with projected NOI growth through future rent escalations and additional upside potential from below-market in-place rental rates. PLEASE SEE THE ATTACHED OFFERING MEMORANDUM FOR COMPLETE FINANCIAL INFORMATION, LEASE DETAILS, RENT GROWTH PROJECTIONS, CAPITAL IMPROVEMENTS, AND INVESTMENT HIGHLIGHTS. PLEASE ALSO SEE THE ATTACHED SURVEY ILLUSTRATING THE PROPOSED LOT SPLIT, AS THE SALE OF THE PROPERTY IS SUBJECT TO COMPLETION OF THE LOT SPLIT.
| DAYS ON MARKET | 1 | LAST UPDATED | 6/5/2026 |
|---|---|---|---|
| YEAR BUILT | 1994 | COMMUNITY | 32256 - Jacksonville |
| COUNTY | Duval | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 32256 - Jacksonville |
| CONSTRUCTION | Brick |
| EXTERIOR | Dock |
| LOT | 3.05 acre(s) |
| LOT DESCRIPTION | Landscaped, Paved, Waterfront |
| STORIES | 1 |
| TAXES | 67081 |
| VIEW | Yes |
| VIEW DESCRIPTION | Lake, Pond, Water |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Lake Privileges, Lake Front |
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Listing provided by Dylan Bynum, CARRIGAN LAND GROUP, LLC, 407-462-7720
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 6/5/26 10:55 PM PDT.
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