4131 UNIVERSITY Boulevard 5, Jacksonville, FL 32216
Medical office building in high-traffic area, currently leased.
- Added:
- Jan 24, 2024
- Days on Market:
- 895
- Last Refresh:
- Jul 2 at 8:24 am
Property Features for 4131 UNIVERSITY Boulevard 5
General Information
- Standard status
- Active
- Size
- 1,840 SF
- Property subtype
- Office
Building Details
- Year Built
- 1974
Listing office OCEAN KULTURE REALTY LLC
Listing date Jan 24, 2024
Source Crexi
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 OCEAN KULTURE REALTY LLC
HighLights
- Investment property with existing 5‑year lease in place
- High‑traffic location ideal for medical practice
- Equipped as a medical office with a large reception area, 6 rooms, and 2 bathrooms
- Includes a dedicated employee common area
- 12 parking spaces for patients
- Additional employee parking available behind the building
Overview
Local Financial Insights For Healthcare Medical
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 | $55.2k | $30.00 |
| − Vacancy | −$5.5k | −$3.00 |
| EGI | $49.7k | $27.00 |
| − OpEx | −$19.9k | −$10.80 |
| NOI | $29.8k | $16.20 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Vet Wellcare Vaccinations Clinic at Pet Supermarket — 3760 University Blvd W, Jacksonville, FL 32217
- St. Francis Animal Hospital — 2736 University Blvd W #5, Jacksonville, FL 32217
- NewDay Veterinary Care — 5140 University Blvd W, Jacksonville, FL 32216
Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.6209703
- Latitude
- 30.2635988
