8505 Baymeadows Rd, Jacksonville, FL for sale

Investment Overview

NAI Hallmark, as exclusive advisor, is privileged to present the opportunity to acquire 8505 Baymeadows Road in Jacksonville, Florida: a two-building, 0.69 acre site consisting of the 4,068 square foot Forever Vets Animal Hospital at Baymeadows and a 9,960 square foot Camp Bow Wow daycare and boarding facility. Forever Vets is subject to a new five-year NNN lease with CareVet LLC, an operator of 220+ veterinary hospitals, and the Camp Bow Wow location is under a NNN lease to a multi-unit franchisee, offering exceptional cross-business to the pet hospital. The property fronts Baymeadows Road, a primary east/west arterial through Jacksonville’s Southside, surrounded by dense residential neighborhoods. Available for sale individually or as a portfolio with 11030 Baymeadows Rd.

Investment Highlights

• NEW NNN LEASE WITH A NATIONAL VETERINARY OPERATOR: CareVet LLC, a St. Louis-based operator of 220+ veterinary hospitals with 575+ licensed veterinarians and 3,000+ team members, executed a brand new 5-year NNN lease in May 2026. The lease carries 2.5% annual rent increases and tenant responsibility for taxes, insurance, utilities and day-to-day maintenance.
• ESTABLISHED, HIGH PERFORMING LOCATIONS: Forever Vets was founded in 2013 with a single Baymeadows hospital and has grown to eleven Florida locations. Forever Vets at 8505 Baymeadows is the brand’s original full-service animal hospital.
• DIVERSIFIED PET CARE INCOME: In addition to the Forever Vets animal hospital, 8505 Baymeadows includes a 9,960 square foot Camp Bow Wow, North America’s largest dog daycare and boarding franchise with 225+ locations. The 10-year lease runs through September 2034 with 3% annual increases.
• PRIME BAYMEADOWS CORRIDOR LOCATION: Baymeadows Road (SR 152) is one of Southside Jacksonville’s primary east/west arterials, connecting San Jose Boulevard, I-95, Southside Boulevard and I-295. The properties sit between the Baymeadows and Deerwood office parks and the St. Johns Town Center, in one of the most densely populated and affluent trade areas in Northeast Florida.
• FAST GROWING MAJOR METRO IN FLORIDA WITH NO STATE INCOME TAX: This offering provides the opportunity to invest in the Jacksonville MSA, which is benefiting from major population and employment growth. Jacksonville has enjoyed some of the largest net population inflows in the country and was recently named the #2 hottest job market in America by the Wall Street Journal in 2024.