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1401-1403 Park Ave - Park Avenue Suites
576 - 910 SF Office Units Offered at £156,490 - £195,613 Per Unit in Fernandina Beach, FL 32034
Investment Highlights
- The property features high visibility with frontage on 14th street, allowing for both excellent exposure and accessibility.
- The property is strategically positioned just north of Amelia Park's entrance and south of First Coast Community Bank, enhancing its appeal.
- The fully leased building offers an incredible investment opportunity, adding stability and a reliable tenant base to the property.
- The building features two spacious offices, a welcoming reception area, and a generous breakroom, making it well-suited for various professional uses.
Executive Summary
Income producing property, fully occupied by reliable tenants.
Property Facts
Price | £156,490 - £195,613 | Building Class | B |
Unit Size | 576 - 910 SF | Number of Floors | 1 |
No. Units | 2 | Typical Floor Size | 5,337 SF |
Total Building Size | 6,065 SF | Year Built | 1999 |
Property Type | Office | Lot Size | 0.56 AC |
Price | £156,490 - £195,613 |
Unit Size | 576 - 910 SF |
No. Units | 2 |
Total Building Size | 6,065 SF |
Property Type | Office |
Building Class | B |
Number of Floors | 1 |
Typical Floor Size | 5,337 SF |
Year Built | 1999 |
Lot Size | 0.56 AC |
2 Units Available
Unit B
Unit Size | 576 SF | Sale Type | Investment |
Price | £156,490 | Net Initial Yield | 5.94% |
Price Per SF | £271.68 | NOI | £9,295.51 |
Unit Use | Office |
Unit Size | 576 SF |
Price | £156,490 |
Price Per SF | £271.68 |
Unit Use | Office |
Sale Type | Investment |
Net Initial Yield | 5.94% |
NOI | £9,295.51 |
Sale Notes
Class A office space with 14th Street frontage. Available for sale or for lease. Unit has two large offices, a reception area and a large breakroom. Located just north of the entrance to Amelia Park and south of First Coast Community Bank. Tenant in the building is Edward Jones Financial who is on a NNN lease.
Unit E
Unit Size | 910 SF | Sale Type | Investment |
Price | £195,613 | Net Initial Yield | 7.61% |
Price Per SF | £214.96 | NOI | £14,883.62 |
Unit Use | Office |
Unit Size | 910 SF |
Price | £195,613 |
Price Per SF | £214.96 |
Unit Use | Office |
Sale Type | Investment |
Net Initial Yield | 7.61% |
NOI | £14,883.62 |
Description
00-00-31-163A-000E-0000
Sale Notes
Sales price is negotiable. 100% leased. Call today for details.
zoning
Zoning Code | PUD |
PUD |
Presented by
Charles W Lasserre Real Estate Inc
1401-1403 Park Ave - Park Avenue Suites
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