Investment Overview
SVR Commercial, as exclusive advisor, is privileged to present the opportunity to acquire The Center Building located at 7825 Baymeadows Way, Jacksonville, FL 32256 (Jacksonville MSA) (the “Property”). The Property consists of (3) three-story office buildings totaling 94,067 rentable square feet, situated on 9.65 acres of land. The Property was built in 1976, renovated in 2023, and is currently 84.7% occupied by a diverse group of well-regarded national and regional office tenants, including several federal government and state department tenants. The building offers 24/7 security, an on-site cafe, fiber connectivity, ample parking, a serene campus setting offering lake views, and a courtyard gazebo, all perfectly complemented by a new courtyard for networking and relaxation.
Investment Highlights
- INSTITUTIONAL QUALITY INCOME PRODUCING OFFICE COMPLEX
- VALUE-ADD ON AN ALREADY STRONG IN-PLACE CASH FLOW
- GREAT LOCATION / NEARBY AMENITIES
- CAPTIVE AND DENSE TRADE AREA