Lakefront Two-Building Office
For Sale
$2,499,000
8669 Baypine Road, Jacksonville, FL 32256
Two-building lakefront office property with abundant parking and a fully occupied NNN lease with rent escalations.
Property Size18,546 SF
Price / SF$134.75
Days on Market62
Property Features for 8669 Baypine Road
General Information
Standard status
Active
Size
18,546 SF
Property subtype
Office
Occupancy
100%
Additional Details
Cap Rate
6.59%
Highway Access
Yes
Building Details
Year Built
1994
Tenancy
Single
Listing Agency:
CARRIGAN LAND GROUP, LLC
(407) 462-7720
Listed By:
Dylan Bynum · License #3498727
Source:
Xome
Added: Jun 1
Changed: Jul 10
Last Checked: Jul 31 at 12:10PM
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 CARRIGAN LAND GROUP, LLC
Investment Insights
Based on property information with market context.
This for-sale office/flex investment property features a professionally maintained waterfront campus with two buildings totaling 18,546 SF. The main building offers 13,704 SF, and the second building is 4,806 SF. The buildings are set on landscaped grounds with abundant parking and include recent ownership capital improvements.
The property is located along Baypine Road within Jacksonville’s Baypine/Deerwood business corridor. It provides immediate access to Interstate 95 and Butler Boulevard (JTB), supporting convenient customer and employee reach.
The asset is 100% occupied by a long-term established organization with more than 15 years of occupancy history, and the lease includes a recently exercised renewal option. The property is structured as a Triple-Net (NNN) lease, with contractual 5% annual rent escalations. For tenants, this arrangement can align with an operator’s desire for stable, long-term occupancy terms; for buyers, it offers an in-place income stream backed by a long-tenured occupant and scheduled rent increases under the existing lease.
The property is located along Baypine Road within Jacksonville’s Baypine/Deerwood business corridor. It provides immediate access to Interstate 95 and Butler Boulevard (JTB), supporting convenient customer and employee reach.
The asset is 100% occupied by a long-term established organization with more than 15 years of occupancy history, and the lease includes a recently exercised renewal option. The property is structured as a Triple-Net (NNN) lease, with contractual 5% annual rent escalations. For tenants, this arrangement can align with an operator’s desire for stable, long-term occupancy terms; for buyers, it offers an in-place income stream backed by a long-tenured occupant and scheduled rent increases under the existing lease.
Key Highlights
- Two‑building lakefront office/flex campus totaling 18,510 SF on a professionally maintained waterfront site
- Main building is 13,704 SF plus an additional 4,806 SF building
- Fully occupied by a long‑term organization with over 15 years of occupancy history and a recently exercised renewal option
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
757
Businesses Nearby
Explore this area
Business Placement
Demographics for 32256, FL
53,611
Population
27,735
Households
1.9
Avg Household Size
37
Median Age
53%
College-Educated
97%
High-School Grad
61.4 sq mi
ZIP Area
873
Density / Sq Mi
$73,203
Median Household Income
$47,360
Median Earnings
$1,586
Median Rent
$360,200
Median Home Value
Market
Vacancy Rate% for Office in Jacksonville, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Two-building lakefront office property with abundant parking and a fully occupied NNN lease with rent escalations.
Where is this office building located?
The property is located at 8669 Baypine Road Jacksonville, FL.
What is the asking price?
The asking price for this property is $2,499,000.
What are key features of this property?
This property features: Two‑building lakefront office/flex campus totaling 18,510 SF on a professionally maintained waterfront site; Main building is 13,704 SF plus an additional 4,806 SF building; Fully occupied by a long‑term organization with over 15 years of occupancy history and a recently exercised renewal option
