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13121 Atlantic Blvd
Jacksonville, FL 32225
Asking Price
$1.89M
Cap Rate
7.03%
Asset Type
Traditional Office Office
Class
Class B
What's Special
Office | 7.03% CAP | 6,768 SqFt <ul><li>Located In the Only Professional Office Park in The Area</li><li>Heavy Commercial and Residential Use Nearby</li><li>Atlantic Blvd Fronts the Property, 54,000 Vehicles Per Day</li><li>Reroofed in 2022</li><li>Below Market Rents With Lease Flexibility</li><li>4.0% Vacancy Rate for Office Space Between 500-10,000SF in the Surrounding Area</li></ul>
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NOI
$80,000
Cap Rate
4.24%
DSCR
0.71
Underwater
Cash-on-Cash
-5.64%
Monthly Payment
$9,325.952
Annual Cash Flow
$-31,911.418
