Address: 550 Balmoral Circle N, JACKSONVILLE, FL 32218
Description
The Busch Professional Office Pavilion Investment offers a rare opportunity in North Jacksonville's thriving Busch Drive Business Park. This low vacancy office complex features many brand new 5 year leases across its office suites, ensuring stable and predictable income. Additionally, the property is undergoing a full conversion into office condominiums, further enhancing its long term value and appeal to investors. This unique offering represents a strategic investment in a high demand location with significant growth potential.
The Busch Professional Office Pavilion Investment offers a rare opportunity in North Jacksonville's thriving Busch Drive Business Park. This low vacancy office complex features many brand new 5 year leases across its office suites, ensuring stable and predictable income. Additionally, the property is undergoing a full conversion into office condominiums, further enhancing its long term value and appeal to investors. This unique offering represents a strategic investment in a high demand location with significant growth potential.
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 12600.00
Property Information
Property Condition: Completed
Garage and Parking
Garage Spaces: 0.00
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Road Frontage Type: City Street
Finance and Tax Information
Home Owners Association Fee: 0.00
Net Operating Income: 173634.00
Tax Year: 2023
Other Features
Country: US
Legal Description: 41-41 49-1S-26E 2.071 BUSCH DRIVE BUSINESS PARK PT TRACT G RECD O/R 20444-2022
New Listings & Price Reduction Updates sent directly to your email
Create Your Own Property Search saved for your return visit.
"Like" Listings and Create a Favorites List
* NOTICE: By creating your free profile, you authorize us to send you periodic emails about new listings that match your saved searches and related real estate information.If you provide your telephone number, you are giving us permission to call you in response to this request, even if this phone number is in the State and/or National Do Not Call Registry.
