8301 Cypress Plaza Dr Jacksonville, FL 32256
For Sale
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Cypress Business Center offers 42,945 square feet of prime office space in Jacksonville's desirable Butler/Baymeadows submarket. This two-story building features flexible floor plans ranging from approximately 2,500 to 22,123 square feet, ideal for a variety of businesses. Currently, 27,072 square feet is available, with a minimum divisible space of 4,938 square feet and a maximum contiguous space of 22,134 square feet. The property boasts excellent visibility due to its Philips Highway frontage and features a prominent monument sign and directional signage. Ample parking is provided with a generous ratio of 5.5 spaces per 1,000 square feet. Recent capital improvements totaling $2.539 million include HVAC upgrades ($500,000), roof replacements ($380,000), parking lot improvements ($360,000), a new monument sign ($50,000), and other enhancements ($216,000). Additionally, $1.033 million has been invested in tenant improvements. The building offers separately metered electric, eliminating after-hours HVAC costs, and multiple points of ingress and egress for convenient access. Fanatics, Inc. serves as an anchor tenant. This property presents a unique opportunity for businesses seeking high-quality office space in a central location with significant recent upgrades.
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Lease A Sales Rep Business Service Center
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First Christian Preschool High School Daycare Center
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Aqua Marketing Group Inc. Advertising Agency Marketing & Advertising
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Hazlnut (Bike/Boat/Book/etc) Store Corporate Office
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Remedy Intelligent Staffing Employment Agency
or other districts shall apply to those portions of a Planned Unit Development (PUD) which are devoted to uses permitted in these respective districts, unless specifically provided otherwise in the written description of the intended plan of development. (Ord. 91-59-148, § 1; Ord. 91-761-410, § 1; Ord. 2008-969-E, § 1; Ord. 2014-279-E,
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PUD · Jacksonville, FLor other districts shall apply to those portions of a Planned Unit Development (PUD) which are devoted to uses permitted in these respective districts, unless specifically provided otherwise in the written description of the intended plan of development. (Ord. 91-59-148, § 1; Ord. 91-761-410, § 1; Ord. 2008-969-E, § 1; Ord. 2014-279-E,
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.