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Single-Tenant Office Medical

Baptist Primary Care

440 Kingsley Ave, Orange Park, FL 32073

Listing Price: $1,764,000

Cap Rate
5.15%
Tenant Name
Baptist Health
Years Remaining On Lease
2.6
Guarantor
Corporate Guarantee
Rentable SF
4,164
Lease Type
Absolute Net
Rent Per Square Feet
$21.82

Investment Overview

Marcus & Millichap is proud to offer for sale fee simple ownership of Baptist Primary Care located off Kingsley Avenue in Orange Park, Florida. The site is situated on 1.80 acres (made up of four contiguous parcels) with excellent frontage and visibility to the 28,800 vehicles that pass daily. Baptist Primary Care has successfully operated at this location for 15+ years and is operating on an absolute NNN lease through March 14th, 2025. With zero options remaining, the deal offers a qualified investor a passive income for several years, as well as flexibility at the expiration of the current lease for potential expansion or an owner/user opportunity. The site is located just 2 miles from the Orange Park Medical Center and in close proximity to national retailers such as Winn-Dixie, CVS and Starbucks.

Investment Highlights

  • Corporate Guaranteed from Baptist Health - Operates Six Hospitals and 50+ Primary Care Offices
  • Passive Absolute NNN Lease – Zero Landlord Responsibility
  • Zero Options Remaining – Potential for Expansion or Owner/User Opportunity
  • Large 1.80 Acre Parcel with Flexible Zoning

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Single-Tenant Office Medical

Baptist Primary Care

Listing Price: $1,764,000

Cap Rate
5.15%
Tenant Name
Baptist Health
Years Remaining On Lease
2.6
Guarantor
Corporate Guarantee
Rentable SF
4,164
Lease Type
Absolute Net
Rent Per Square Feet
$21.82

Investment Highlights

  • Corporate Guaranteed from Baptist Health - Operates Six Hospitals and 50+ Primary Care Offices
  • Passive Absolute NNN Lease – Zero Landlord Responsibility
  • Zero Options Remaining – Potential for Expansion or Owner/User Opportunity
  • Large 1.80 Acre Parcel with Flexible Zoning

Investment Overview

Marcus & Millichap is proud to offer for sale fee simple ownership of Baptist Primary Care located off Kingsley Avenue in Orange Park, Florida. The site is situated on 1.80 acres (made up of four contiguous parcels) with excellent frontage and visibility to the 28,800 vehicles that pass daily. Baptist Primary Care has successfully operated at this location for 15+ years and is operating on an absolute NNN lease through March 14th, 2025. With zero options remaining, the deal offers a qualified investor a passive income for several years, as well as flexibility at the expiration of the current lease for potential expansion or an owner/user opportunity. The site is located just 2 miles from the Orange Park Medical Center and in close proximity to national retailers such as Winn-Dixie, CVS and Starbucks.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

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