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Rockefeller Medical & Professional Center Portfolio

1712, 1718, 1726, 1728, 1732, 1740, & 1742 Kingsley Ave, Orange Park, FL 32073

Listing Price: $6,700,000

Cap Rate
3.75%
Rentable SF
46,980
Lot Size
0.64 acres
Year Built
1930

Investment Overview

Marcus & Millichap is pleased to present the Rockefeller Medical & Professional Center Portfolio located at 1712, 1718, 1726, 1728, 1732, 1740, & 1742 Kingsley Ave. Orange Park, FL 32073. There are seven buildings, encompassing 46,980 SF, available with this opportunity that can be purchased together or individually. The buildings are approximately 63% occupied, enabling an investor the opportunity to acquire a value-add opportunity and stabilize the property. With suites ranging from 130-2,230 SF, the units are ideal for local professionals and medical office users. Located in the heart of Orange Park, there are about 130,000 residents within a 5-mile radius and an average household income of $91,557. Fronting Kingsley Road in Orange Park, FL, AADT 24,500, this property is approximately 0.25 miles from Orange Park Medical Center, which recently undertook a $126 million investment for a new five-story patient tower in response to the growing population in Clay County. This development and future ones will add to the framework/infrastructure, furthering expansion from the current 365 inpatient beds, 1,600 team members, and 750 physicians.

Investment Highlights

  • Adjacent to Orange Park Medical Center
  • Suites Ranging From 130-2,230 SF
  • Located in the Heart of Orange Park
  • Wide Range of Surrounding Industries and Services
  • Low Vacancy in The Immediate Submarket
  • Below Market Rents
  • Predominatly Medical Users in One Mile Radius

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Financing By

Office

Rockefeller Medical & Professional Center Portfolio

Listing Price: $6,700,000

Cap Rate
3.75%
Rentable SF
46,980
Lot Size
0.64 acres
Year Built
1930

Investment Highlights

  • Adjacent to Orange Park Medical Center
  • Suites Ranging From 130-2,230 SF
  • Located in the Heart of Orange Park
  • Wide Range of Surrounding Industries and Services
  • Low Vacancy in The Immediate Submarket
  • Below Market Rents
  • Predominatly Medical Users in One Mile Radius

Investment Overview

Marcus & Millichap is pleased to present the Rockefeller Medical & Professional Center Portfolio located at 1712, 1718, 1726, 1728, 1732, 1740, & 1742 Kingsley Ave. Orange Park, FL 32073. There are seven buildings, encompassing 46,980 SF, available with this opportunity that can be purchased together or individually. The buildings are approximately 63% occupied, enabling an investor the opportunity to acquire a value-add opportunity and stabilize the property. With suites ranging from 130-2,230 SF, the units are ideal for local professionals and medical office users. Located in the heart of Orange Park, there are about 130,000 residents within a 5-mile radius and an average household income of $91,557. Fronting Kingsley Road in Orange Park, FL, AADT 24,500, this property is approximately 0.25 miles from Orange Park Medical Center, which recently undertook a $126 million investment for a new five-story patient tower in response to the growing population in Clay County. This development and future ones will add to the framework/infrastructure, furthering expansion from the current 365 inpatient beds, 1,600 team members, and 750 physicians.

Exclusively Listed By

Financing By

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