6600 Corporate Ctr Pkwy Jacksonville, FL 32216-0973
- Office buildings
- 92,750 SF
- 6.89 lot acres
May 11, 2025
Current Use by Public Records
- Promo Depot / Industrial Manufacturer / Production Facility
- Acosta Sales and Marketing Company / Advertising Agency / Marketing & Advertising
- Dagwood's Food Truck / Take-out & Catering / Catering Service
- Acosta / Advertising Agency / Marketing & Advertising
Property Details for 6600 Corporate Ctr Pkwy
- Year built
- 2001
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 6.89 lot acres
- Property size
- 92,750 SF
- Zone code
- IBP
- Property type
- Office buildings
- APN
- 152570-1200
- APU
- 1525701200
Description
This exceptional investment opportunity presents a 3-story, 88,062 square foot Class A office building in Jacksonville, Florida. Located on 6.89 acres within the Southpoint Business Park, the property boasts prime visibility along I-95 and close proximity to major roadways, including the intersection of I-95 and SR-202. The building, constructed in 2001, is currently 100% occupied by Acosta, Inc., under an absolute NNN lease, shielding the landlord from all operating expenses, including roof and structural maintenance. This provides a secure, passive income stream. The property benefits from its location in a thriving office submarket, close to numerous restaurants, retailers, and amenities, including the St. John's Town Center, a major lifestyle center. The surrounding area demonstrates strong demographics, with a dense population and high average household income within a 5-mile radius. The Jacksonville MSA is experiencing significant population and employment growth, making this a compelling investment in a rapidly expanding Florida market with no state income tax. The property is zoned IBP (Industrial Business Park) and features a single tenancy. This is a rare opportunity to acquire a high-quality, fully occupied office building with a strong tenant and favorable lease terms in a dynamic market. The property's location and lease structure offer significant long-term value and potential for appreciation. The Duval County APN is 152570-1200.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $23,715,000
- 6.5%
- $21,890,000
- 7%
- $20,325,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $17,650,000
- AI Estimate
- $12,433,000
Market price range: $11.5M - $26.9MMarket price range: $7.88M - $19.2M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $19,190,000 Current use
- COMMERCIAL (GENERAL)
- $23,395,000 Change: +22% Conversion: Easy
- AUTO REPAIR, GARAGE
- $19,780,000 Change: +3% Conversion: Difficult
- MEDICAL BUILDING
- $18,365,000 Change: -4% Conversion: Easy
- RETAIL STORES
- $16,790,000 Change: -13% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.5993
- Latitude
- 30.2559
- CBSA code
- 27260
- CBSA name
- JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA