This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Historic Springfield Office Building 1128 N Laura St

7,697 SF 53% Leased Office Building Jacksonville, FL 32206 £1,274,666 (£166/SF) 8.49% Net Initial Yield

Investment Highlights

  • 7,697 Rentable Square Foot Office/Medical Building
  • Close Proximity to the Central Business District (CBD) and Located Blocks Away From the Florida State College of Jacksonville (FSCJ)
  • 26 Paved On-Site Parking Spaces Plus Additional No-Charge Street Parking
  • Value-Add Opportunity | Currently 53% Occupied by Wellview Care, Inc Paying Below Market Rent (Their Lease Contains 3.5% Annual Rent Increases)
  • Brand New Roof in 2019 | 10-Year Transferable Warranty
  • Direct Frontage & Prominent Façade Signage Along Laura Ave

Executive Summary

Pro Forma CAP Rate

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
7,697 SF
Building Class
C
Year Built
1966
Price
£1,274,666
Price Per SF
£166
Net Initial Yield
8.49%
NOI
£108,244
Percent Leased
53%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
3,652 SF
Building FAR
0.29
Land Acres
0.60 AC
Zoning
CRO-S
Parking
26 Spaces (7.12 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 200
  • 3,652 SF
  • Office/Medical
  • Partial Build-Out
  • Now

± 3,652 - 7,697 SF Suite/Building Option located on North Laura Avenue, a main artery into Jacksonville’s bustling Central Business District. Just minutes from the vibrant Springfield District, nationally recognized for its commercial growth and housing demand and strategically positioned between UF Health Jacksonville (1 mi) and Baptist Medical Center (1.6 mi). Situated in densely populated area, population of 202,212 within a 5-mile radius & experiencing continued abundant growth. Convenient on-site parking lot with 26 spaces and additional no-charge street parking along Laura Avenue with prominent Building façade signage facing N Laura Avenue available. Suite 100 & 200 can be combined for single medical / office user. This unit is in need of some loving. Owner is willing to offer rent abatement or TI credits in order to offset project overhead.

Space Size Space Use Condition Available
1st Fl-Ste 200 3,652 SF Office/Medical Partial Build-Out Now

1st Fl-Ste 200

Size
3,652 SF
Space Use
Office/Medical
Condition
Partial Build-Out
Available
Now

1st Fl-Ste 200

Size 3,652 SF
Space Use Office/Medical
Condition Partial Build-Out
Available Now

± 3,652 - 7,697 SF Suite/Building Option located on North Laura Avenue, a main artery into Jacksonville’s bustling Central Business District. Just minutes from the vibrant Springfield District, nationally recognized for its commercial growth and housing demand and strategically positioned between UF Health Jacksonville (1 mi) and Baptist Medical Center (1.6 mi). Situated in densely populated area, population of 202,212 within a 5-mile radius & experiencing continued abundant growth. Convenient on-site parking lot with 26 spaces and additional no-charge street parking along Laura Avenue with prominent Building façade signage facing N Laura Avenue available. Suite 100 & 200 can be combined for single medical / office user. This unit is in need of some loving. Owner is willing to offer rent abatement or TI credits in order to offset project overhead.

Walk Score ®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
070823-0000
Land Assessment
£51,085
Improvements Assessment
£552,833
Total Assessment
£603,917
  • Listing ID: 32670246

  • Date on Market: 02/08/2024

  • Last Updated:

  • Address: 1128 N Laura St, Jacksonville, FL 32206

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}