About 8669 Baypine Road
Virtually Staged. Rare opportunity to acquire a stabilized ±18,510 SF two-building lakefront office/flex investment property located within Jacksonville's highly sought-after Baypine / Deerwood business corridor. Situated on a professionally maintained waterfront campus with abundant parking, mature landscaping, and immediate access to Interstate 95 and Butler Boulevard (JTB), the property consists of both a ±13,704 SF main building and a ±4,806 SF building. Recent ownership capital improvements, strong curb appeal, and a strategic location within one of Jacksonville's premier office submarkets position this asset as a compelling long-term investment opportunity. The property is 100% occupied by a long-term established organization with more than 15 years of occupancy history and a recently exercised renewal option, providing stable in-place cash flow through a Triple-Net (NNN) lease structure with contractual 5% annual rent escalations. The offering presents an attractive 6.59% cap rate based on current income, with projected NOI growth through future rent escalations and additional upside potential from below-market in-place rental rates.
Features of 8669 Baypine Road
| MLS® # | O6414238 |
|---|---|
| Price | $2,499,000 |
| Acres | 3.05 |
| Year Built | 1994 |
| Type | Commercial Sale |
| Sub-Type | Office |
| Status | Active |
Listing Details
| Office | CARRIGAN LAND GROUP, LLC |
|---|
Listing Map
Neighborhood Information for 8669 Baypine Road
Stable Population, High Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Duval Charter At Baymeadows Public - Kindergarten to 12Th Grade |
0 Miles | |
|
|
Duval Charter High School At Baymeadows Public - 9Th Grade to 12Th Grade |
0 Miles | |
|
Little Star Center Inc Private - Preschool to 6Th Grade |
1 Miles | |
|
|
Jacksonville School For Autism Private - Kindergarten to 12Th Grade |
1 Miles | |
|
|
Baymeadows Baptist Day School Private - Preschool to 8Th Grade - Closest Elementry School |
2 Miles | |
|
Duval Charter School At Southside Public - Kindergarten to 8Th Grade |
2 Miles | |
|
|
Shepherd Of The Woods Lutheran School Private - Preschool to 9Th Grade |
2 Miles |
School data provided by GreatSchools