Office Warehouse

Bowden Pointe

5730 Bowden Rd, Jacksonville, FL 32216

Listing Price: $6,390,000

Cap Rate
7.60%
Gross SF
50,827
Price/Gross SF
$125.72
Lot Size
3.86 acres
Year Built
1988
Rentable SF
50,827

Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to present for sale Bowden Pointe (the “Property”). Located in the popular Philips/ University micro-market in central Jacksonville, this three-building park offers approximately 50,500 square feet of space at the crux of Interstate 95, Bowden Road, University Boulevard, Philips Highway and Southpoint Business Park. The Property offers a variety of credit tenants, and the permissible CCG-1 & CCG-2 zoning allows even more uses. Many of the tenant spaces have been upgraded with new HVAC units, and the roof has been restored within the last three years. A new owner can immediately add value by filling the final 5,634 square feet of space. Additionally, the signage facing I-95 is another easy source of potential revenue, with only one company currently making use of it.

Investment Highlights

  • Central Jacksonville Location
  • Interstate 95 Frontage with High Visability Signage
  • High & Dry Truck Court Retention Pond

Exclusively Listed By

Listing Price: $6,390,000

Cap Rate
7.60%
Gross SF
50,827
Price/Gross SF
$125.72
Lot Size
3.86 acres
Year Built
1988
Rentable SF
50,827

Investment Highlights

  • Central Jacksonville Location
  • Interstate 95 Frontage with High Visability Signage
  • High & Dry Truck Court Retention Pond

Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to present for sale Bowden Pointe (the “Property”). Located in the popular Philips/ University micro-market in central Jacksonville, this three-building park offers approximately 50,500 square feet of space at the crux of Interstate 95, Bowden Road, University Boulevard, Philips Highway and Southpoint Business Park. The Property offers a variety of credit tenants, and the permissible CCG-1 & CCG-2 zoning allows even more uses. Many of the tenant spaces have been upgraded with new HVAC units, and the roof has been restored within the last three years. A new owner can immediately add value by filling the final 5,634 square feet of space. Additionally, the signage facing I-95 is another easy source of potential revenue, with only one company currently making use of it.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower