Absolute NNN Wells Fargo
For Sale
$4,000,000
4328 Blanding Blvd, Jacksonville, FL 32210
The Jacksonville property includes an Absolute NNN structure and dates to 1962.
Property Size13,193 SF
Days on Market48
Property Features for 4328 Blanding Blvd
General Information
Standard status
Active
Size
13,193 SF
Class
C
Property subtype
Office - Government Office
Building Details
Building Size
13,193 SF
Year Built
1962
Units
15
Listing Agency:
Exclusive Realty
Listed By:
Steve Sagmani · License #6502426558
(248) 833-6601
Source:
Commercialcafe
Added: Sep 1
Changed: Oct 18
Last Checked: Oct 16 at 6:13AM
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 Exclusive Realty
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Investment Insights
Based on property information with market context.
This Absolute NNN property is associated with Wells Fargo and is located at 4328 Blanding Blvd in Jacksonville, Florida. The asset was built in 1962, providing a long-established physical presence within the Jacksonville market.
Jacksonville is a major Northeast Florida commercial center supported by financial services, healthcare, logistics, manufacturing, aviation, technology, military, education, and tourism. Regional transportation infrastructure includes Jacksonville International Airport, Interstate 95, Interstate 10, rail networks, and JAXPORT. The metropolitan area also includes beaches, parks, waterfront amenities, universities, hospitals, shopping centers, museums, entertainment venues, and professional sports facilities.
The property is positioned within a city of approximately 1.0 million residents and a seven-county regional market of roughly 1.7 million people. The address, established construction date, identified Wells Fargo tenancy, and Absolute NNN structure define the available property profile.
Jacksonville is a major Northeast Florida commercial center supported by financial services, healthcare, logistics, manufacturing, aviation, technology, military, education, and tourism. Regional transportation infrastructure includes Jacksonville International Airport, Interstate 95, Interstate 10, rail networks, and JAXPORT. The metropolitan area also includes beaches, parks, waterfront amenities, universities, hospitals, shopping centers, museums, entertainment venues, and professional sports facilities.
The property is positioned within a city of approximately 1.0 million residents and a seven-county regional market of roughly 1.7 million people. The address, established construction date, identified Wells Fargo tenancy, and Absolute NNN structure define the available property profile.
Key Highlights
- Absolute NNN property associated with Wells Fargo
- Located at 4328 Blanding Blvd, Jacksonville, FL 32210
- Built in 1962
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$184,755
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,695,100
$3.7M
Cap Rate 7%
$2,639,357
$2.6M
Cap Rate 9%
$2,052,833
$2.1M
Market Conditions
NOI Build-Up for 13,193 SF
Gross rent
$316.6K $24.00/SF
− Vacancy
−$70.3K −$5.33/SF
EGI
$246.3K $18.67/SF
− OpEx
−$61.6K −$4.67/SF
NOI
$184.8K $14.00/SF
Area
ZIP 32210
Vacancy
22.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,695,100
Cap Rate 7%
$2,639,357
Cap Rate 9%
$2,052,833
Alternative Uses
Best Use
Office B
$2.64M
$2.31M – $3.08M
NOI $184,755 @ 7.0% cap · market cap 4.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.61M
$3.16M – $4.22M
NOI $252,989 @ 7.0% cap · market cap 6.32%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
434
Businesses Nearby
Explore this area
Business Placement
Demographics for 32210, FL
66,415
Population
29,198
Households
2.3
Avg Household Size
37
Median Age
23%
College-Educated
88%
High-School Grad
21.9 sq mi
ZIP Area
3,033
Density / Sq Mi
$58,215
Median Household Income
$36,997
Median Earnings
$1,205
Median Rent
$205,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Jacksonville, FL
Frequently Asked Questions
What type of property is this?
NNN property - The Jacksonville property includes an Absolute NNN structure and dates to 1962.
Where is this nnn property located?
The property is located at 4328 Blanding Blvd Jacksonville, FL.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Absolute NNN property associated with Wells Fargo; Located at 4328 Blanding Blvd, Jacksonville, FL 32210; Built in 1962
