800 Dunn Ave Jacksonville, FL 32218-4803

This exceptional investment opportunity presents a 5,491 square foot Class A medical office building in Jacksonville, Florida. Located at 800 Dunn Ave, this single-tenant property boasts a 100% occupancy rate with Affordable Care LLC, a credit-rated national tenant with a corporate guarantee. The NNN lease, featuring 2% annual rent bumps, has a remaining term of 6.5 years with two five-year options. The property, built in 1984 and renovated in 1990, sits on a 1.19-acre lot and offers ample parking (10 spaces per 1,000 sq ft). The asking price is $2,081,089, representing a compelling $379 per square foot and a 7.00% cap rate with a current NOI of $145,677. The property is zoned Commercial Community/General-1 (CCG-1) and benefits from a high-traffic location adjacent to a Publix-anchored shopping center. This stabilized investment offers a passive income stream with significant upside potential, driven by the tenant's strong financial performance and the robust growth of the Jacksonville market. The lease commenced November 4, 2020, and expires November 30, 2030. This is an ideal investment for those seeking a stable, high-return asset in a thriving market. The property features a strong national tenant, Affordable Care LLC, the seventh-largest Dental Service Organization (DSO) in the United States. Jacksonville's strong job growth and population increase contribute to the high demand for medical services in this area.