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Medical Office Space Near Hospitals
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5742 Booth Rd, Jacksonville, FL 32207

7,900 SF medical office space near two hospitals.

Space Size23,000 SF
Days on Market906

Property Features for 5742 Booth Rd

General Information

Standard status Active
Size 23,000 SF
Class B
Total Parking Spaces 104
Property subtype Office

Site & Location

Neighborhood Sans Souci

Building Details

Building Size 23,000 SF
Year Built 2000
Tenancy Single

Spaces For Lease

at 5742 Booth Rd
Former 21st Century Oncology Active
Size 23,000 SF
Contact us
Listing Agency: Ciminelli Real Estate Services
Listed By: Marty Busekrus · License #SL3103902
Source: Crexi
Added: May 6, 2024 Changed: Oct 25 Last Checked: Oct 28 at 7:31AM

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 Ciminelli Real Estate Services

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Investment Insights

Based on property information with market context.

This 7,900 square foot medical office space is located less than a mile from two hospitals totaling over 600 beds. The vacant space includes 13 private offices and a room designed for a CT scanner. Additionally, there is a 1,320 square foot room formerly housing a Linear Accelerator (Linac), featuring 3-foot concrete floors, ceiling, walls, and all necessary piping and mechanical systems. The building is fully sprinklered and features 3-phase power and a new roof. The property is institutionally owned by Welltower, a medical office building REIT. The balance of the building is leased to Cancer Specialists of North Florida.

Key Highlights

  • Less than a mile from two hospitals totaling over 600 beds.
  • Room designed for a CT scanner and a 1,320 SF room formerly housing a Linear Accelerator (Linac) with 3' concrete floors, ceiling, walls, and all piping/mechanical systems in place.
  • Institutionally owned by Welltower, the largest medical office building REIT in the country.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Dr. Suneel L. ... Physician Cancer Specialists of North ... Physician Dr. Morris S. ... Physician Yousif A. Abubakr, MD Physician Dr. David W. ... Physician

Suggested Use

Top Pick Electrical Service Garden Center Parking Lot & Garage Acupuncture (Bike/Boat/Book/etc) Store Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,690
Businesses Nearby
Under-served
Demand for This Use

Demographics for 32207, FL

36,207
Population
18,866
Households
1.9
Avg Household Size
39
Median Age
38%
College-Educated
86%
High-School Grad
11.4 sq mi
ZIP Area
3,176
Density / Sq Mi
$60,875
Median Household Income
$45,478
Median Earnings
$1,139
Median Rent
$254,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Jacksonville, FL

$19.01 /SF/Yr
Avg Asking Price
$1.37–$27 /SF/Yr
Price Range
4,160 SF
Avg Space Size

Vacancy Rate% for Office in Jacksonville, FL

13.5% 2019
15.8% 2020
21% 2021
20.1% 2022
19.8% 2023
21.3% 2024
22.6% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - 7,900 SF medical office space near two hospitals.
Where is this medical office space located?
The property is located at 5742 Booth Rd Jacksonville, FL.
What are key features of this property?
This property features: Less than a mile from two hospitals totaling over 600 beds.; Room designed for a CT scanner and a 1,320 SF room formerly housing a Linear Accelerator (Linac) with 3' concrete floors, ceiling, walls, and all piping/mechanical systems in place.; Institutionally owned by Welltower, the largest medical office building REIT in the country.
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