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Office

Riverside Park Place

751 Oak St, Jacksonville, FL 32204

Listing Price: $4,100,000

Cap Rate
2.70%
Gross SF
52,476
Rentable SF
52,476
Price/Gross SF
$78.13
Lot Size
0.83 acres
Year Built
1973

Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to present for sale Riverside Park Place at 751 Oak Street (the “Property”). Developed in 1973, this property perfectly bridges the Brooklyn and Five Points neighborhoods of Jacksonville. This 46,682 square foot building sits on .86 acres just two blocks away from the St. Johns River. This office building offers an investor or user immediate access to and visibility from I-95, proximity to the St. Johns Riverwalk, and structured parking below the building.

This property sits between the Brooklyn Neighborhood, one of Jacksonville’s hottest submarkets, and Five Points, the trendy center of Riverside. Brooklyn is home to the corporate headquarters of FIS, Black Knight Financial, and the Haskell Company, plus a significant presence from Florida Blue Cross & Blue Shield. This neighborhood has seen 1045 new apartments delivered in the last five years, and an additional 736 apartments are currently in development. These new comers are moving into the Live-Work-Play environment that has been fostered by new restaurants, the Winston Family YMCA, and the Riverside Arts Market. Five Points is the artery of Riverside, a tight-knit neighborhood with cultural amenities like the Cummer Museum, Memorial Park, the Garden Club, and Riverside Park. In addition to parks and museums, this neighborhood is home to the American Red Cross Office, Riverside Presbyterian Church and House, Riverside Park United Methodist Church, and creative dining options like Hawkers, Hoptinger, River & Post, Mossfire Grill, and Blue Orchid.

Jacksonville is the Bold New City of the South, with 1 million residents and a diversified economy built on healthcare, logistics, and finance anchored by the United States Navy and JAXPORT. The intersection of I-95 and I-10 makes this city a natural distribution center for the Southeast and a hub for talent. In addition to suburban growth in St. Johns and Nassau Counties, Downtown Jacksonville is being activated by new apartments and amenities, the Riverwalk, and the exciting new developments around the Stadium district.

Riverside Park Place offers an investor the chance to invest in a skyline property in a defining neighborhood. For a company that wants their space to define the skyline and touch the 163,000 annual average daily traffic on the Fuller Warren Bridge, the third floor is currently available with 8,067 square feet of wrap-around views.

Investment Highlights

  • Located in the Heart of Downtown's most active neighborhoods: Five Points and Brooklyn
  • Walking Distance from Five Points Dining District and Riverside Amenity Corridor
  • Visibility from I-95 S and Third Floor available for Owner-User

Exclusively Listed By

Financing By

Office

Riverside Park Place

Listing Price: $4,100,000

Cap Rate
2.70%
Gross SF
52,476
Rentable SF
52,476
Price/Gross SF
$78.13
Lot Size
0.83 acres
Year Built
1973

Investment Highlights

  • Located in the Heart of Downtown's most active neighborhoods: Five Points and Brooklyn
  • Walking Distance from Five Points Dining District and Riverside Amenity Corridor
  • Visibility from I-95 S and Third Floor available for Owner-User

Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to present for sale Riverside Park Place at 751 Oak Street (the “Property”). Developed in 1973, this property perfectly bridges the Brooklyn and Five Points neighborhoods of Jacksonville. This 46,682 square foot building sits on .86 acres just two blocks away from the St. Johns River. This office building offers an investor or user immediate access to and visibility from I-95, proximity to the St. Johns Riverwalk, and structured parking below the building. This property sits between the Brooklyn Neighborhood, one of Jacksonville’s hottest submarkets, and Five Points, the trendy center of Riverside. Brooklyn is home to the corporate headquarters of FIS, Black Knight Financial, and the Haskell Company, plus a significant presence from Florida Blue Cross & Blue Shield. This neighborhood has seen 1045 new apartments delivered in the last five years, and an additional 736 apartments are currently in development. These new comers are moving into the Live-Work-Play environment that has been fostered by new restaurants, the Winston Family YMCA, and the Riverside Arts Market. Five Points is the artery of Riverside, a tight-knit neighborhood with cultural amenities like the Cummer Museum, Memorial Park, the Garden Club, and Riverside Park. In addition to parks and museums, this neighborhood is home to the American Red Cross Office, Riverside Presbyterian Church and House, Riverside Park United Methodist Church, and creative dining options like Hawkers, Hoptinger, River & Post, Mossfire Grill, and Blue Orchid. Jacksonville is the Bold New City of the South, with 1 million residents and a diversified economy built on healthcare, logistics, and finance anchored by the United States Navy and JAXPORT. The intersection of I-95 and I-10 makes this city a natural distribution center for the Southeast and a hub for talent. In addition to suburban growth in St. Johns and Nassau Counties, Downtown Jacksonville is being activated by new apartments and amenities, the Riverwalk, and the exciting new developments around the Stadium district. Riverside Park Place offers an investor the chance to invest in a skyline property in a defining neighborhood. For a company that wants their space to define the skyline and touch the 163,000 annual average daily traffic on the Fuller Warren Bridge, the third floor is currently available with 8,067 square feet of wrap-around views.

Exclusively Listed By

Financing By

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