Multi-Tenant Office
6676 Corporate Center Pky Jacksonville, FL 32216
For Sale
$9,500,000
Fully occupied multi-tenant office building on approximately 4.95 acres with long-term tenants.
Property Size59,800 SF
Lot Size4.95 Acres
Price / SF$158.86
Days on Market155
Property Features for 6676 Corporate Center Pky
General Information
- Standard status
- Active
- Size
- 59,800 SF
- Lot size
- 4.95 Acres
- Property subtype
- Multi Tenant Office
Building Details
- Year Built
- 2005
Listing Agency:
NAI Hallmark
(904) 404-4455
Listed By:
Daniel Burkhardt · License #3260896
(904) 404-4455
Source:
Thebrokerlist
Added: Feb 18
Changed: Jul 21
Last Checked: Jul 23 at 2:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Hallmark
Investment Insights
Based on property information with market context.
The property is a multi-tenant office building totaling 59,800 square feet, situated on approximately 4.95 acres. It is fully occupied by Lancer Insurance, Brooks Rehabilitation, and ITEL, with the space used for materials testing operations supporting insurance-claim activities integral to its business. The tenancy has a WALT of over six years, reflecting long-duration occupancy by the current tenants.
The building is located within Southpoint Office Park in Jacksonville, Florida. The remarks describe immediate proximity to the interchange of I-95 and J. Turner Butler, as well as access to SR-202 (J. Turner Butler Blvd)/I-95, and convenient connectivity to US-1 and I-295 for broader access throughout the Jacksonville MSA.
The tenant base includes Brooks Rehabilitation, Lancer Insurance, and ITEL Laboratories, providing an in-place operating mix within the multi-tenant office configuration.
The building is located within Southpoint Office Park in Jacksonville, Florida. The remarks describe immediate proximity to the interchange of I-95 and J. Turner Butler, as well as access to SR-202 (J. Turner Butler Blvd)/I-95, and convenient connectivity to US-1 and I-295 for broader access throughout the Jacksonville MSA.
The tenant base includes Brooks Rehabilitation, Lancer Insurance, and ITEL Laboratories, providing an in-place operating mix within the multi-tenant office configuration.
Key Highlights
- Fully occupied 59,800 SF multi‑tenant office building built in 2005 on approx. 4.95 acres
- 100% leased with a WALT of 6+ years, with tenancy including Lancer Insurance, Brooks Rehabilitation, and iTel Laboratories
- Anchored by ITEL Laboratories, which uses specialized laboratory and materials testing space supporting insurance claims and forensic analysis
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.44M | $24.00 |
| − Vacancy | −$288.5k | −$4.82 |
| EGI | $1.15M | $19.18 |
| − OpEx | −$286.7k | −$4.79 |
| NOI | $860.0k | $14.38 |
59,800 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$12.29M
$10.75M – $14.33M
NOI $860,044 @ 7.0% cap · market cap 9.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$16.38M
$14.33M – $19.11M
NOI $1,146,725 @ 7.0% cap · market cap 12.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Lancer Management Company
Insurance Agency
Owner Operator Direct
Insurance Agency
Brooks Rehabilitation Home ...
Home Health Care Service
itel
Laboratory
E-Drive Auto Technologies
Marketing & Advertising
FAQs
What type of property is this?
Office building - Fully occupied multi-tenant office building on approximately 4.95 acres with long-term tenants.
Where is this office building located?
The property is located at 6676 Corporate Center Pky Jacksonville, FL.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: Fully occupied 59,800 SF multi‑tenant office building built in 2005 on approx. 4.95 acres; 100% leased with a WALT of 6+ years, with tenancy including Lancer Insurance, Brooks Rehabilitation, and iTel Laboratories; Anchored by ITEL Laboratories, which uses specialized laboratory and materials testing space supporting insurance claims and forensic analysis
