Property profile

300 St Saint Johns, FL 32259

OFF-MARKET
Office Spaces
80,000 SF Built 2022
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Property summary

AI-generated overview

This exceptional Class A medical office building, completed in 2022, offers 80,000 square feet of prime space within the Ascension St. Vincent's Hospital campus in St. Johns, FL. Located in the Fountains development, between I-95 and County Road 210, this location boasts excellent visibility and accessibility. The building features ample parking, catering to the needs of both patients and staff. Currently, 30,000 square feet of space is available, with contiguous suites ranging from 1,500 to 26,000 square feet. Spaces are delivered as a warm grey shell, allowing for customization to suit individual practice needs. Leasing rates are $29 per square foot, inclusive of a $7 per square foot annual tenant improvement allowance (capped at $60 per square foot). Common area maintenance (CAM) is $10 per square foot and covers water, electric, and janitorial services; tenants are only responsible for internet costs. The building's strategic location within a larger medical campus fosters high traffic and synergy, creating a dynamic environment for growth. This is a unique opportunity to establish or relocate your medical practice in a prestigious, well-equipped, and conveniently located facility. The build-out cost ranges from $100 to $200 per square foot, allowing for high-quality finishes. Benefit from the established presence of a major hospital and the convenience of a thriving medical community.

Property profile

Verified
Property type Office Spaces
Year built 2022
Total area 80,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

300 St Saint Johns, FL 32259
Saint Johns metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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