Posted on: March 19, 2018
MSR is pleased to offer a new exclusive commercial real estate investment opportunity – Baymeadows Dental Medical Building
Over a five year investment timeline, we expect the value of the property to increase by over $950,000.
About this Florida Commercial Investment Property
Located in Jacksonville, Florida, this 85% occupied property is an 8,000 SF medical office building tenanted by two well-established dental practices: Great Expressions Dental Center and Advanced Dental Services of Jacksonville.
Prime frontage on Baymeadows Road provides exceptional visibility. The property is conveniently located just off the I-95, with nearby landmarks including the Jacksonville Memorial Hospital, the University of North Florida, and the Jersey College Nursing School, as well as several hotels, restaurants, and shopping centers.
- Building Size: 8,000 SF
- Property Type: Medical
- Property Use Type: Investment
- Cap Rate: 11%
- 85% leased
- Opportunity for significant value increase
This turn-key investment represents an excellent opportunity for investors to take advantage of the high cap rate that this building offers, and benefit from the future upside of cap rate compression as rental rates continue to increase and the economy strengthens. With 85% occupancy, opportunity exists to unlock value and create significant equity uplift for investors by leasing the vacant space at market rates and generating additional rental revenue.
MSR Holdings specializes in profitable commercial real estate investment opportunities in the US. To receive more detailed information or to participate in this unique real estate investment opportunity, please contact us. Call us at 1-866-995-2929 ext. 4 or via email at firstname.lastname@example.org.
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