Historic Springfield Office Building | Downtown Jacksonville || Buy Commercial Property in Jacksonville, Florida

1128 N Laura Street

Jacksonville, FL 32206

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$1,510,000

7,697 SF

Built in 1966

Contact Agents

Contact the Listing Agents

Ray Turchi
Senior Managing Director Investments
[email protected]

(407) 557-3847 (office)

(321) 297-6576 (mobile)

David Vaughan
First Vice President Investments
[email protected]

(407) 557-3829 (office)

(407) 718-2874 (mobile)

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Property Documents

Investment Highlights

7,697 Rentable Square Foot Office Building
Building is in Close Proximity to the Central Business District (CBD), and Located Blocks Away From the Florida State College of Jacksonville (FSCJ)
Brand New Roof in 2019 | Ten Year Transferable Warranty
25 Paved On-Site Parking Spaces and Street Parking
Fully Occupied by CleanSlate and Wilkinson Construction
CleanSlate Rent Increases 3% Each June | 4.7 Years Remaining with Two 5-Year Options
Subject is Situated Between Downtown Jacksonville and the Booming Springfield District
Just One Mile to UF Health Jacksonville and 1.6 Miles to Baptist Medical Center Jacksonville
Densely Populated Area | 202,212 Population Within Five Mile Radius

Key Metrics

Cap Rate Current Year: 8.00%

Price/ SF $196.18

Listing Agents:

Ray Turchi

(407) 557-3847

(407) 557-3829