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Single-Tenant Office Medical

River Run Smiles

9343 Lem Turner Rd, Jacksonville, FL 32208

Listing Price: $525,000

Cap Rate
6.01%
Tenant Name
North American Dental
Years Remaining On Lease
1.8
Gross SF
2,988
Guarantor
Corporate Guarantee
Rentable SF
2,718
Price/Gross SF
$175.70
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$11.83

Investment Overview

Marcus & Millichap is pleased to present the subject property, located at 9343 Lem Turner Blvd. Jacksonville, FL 32208. Situated upon 0.61 acres, the structure on this parcel was built in 1972, renovated in 1985, and contains +/- 2,700 SF. Located on the hard signalized corner of Lem Turner and Bassett Rd., the property presents ideal visibility and accessibility in a dense residential and commercial community. Currently, River Run Smiles occupies 2,300 SF of this location and has approximately two years remaining on its lease with two five-year options attached. The dynamics of this property present an array of uses for a prospective investor and potential tenants.

Investment Highlights

  • Located On The Hard Signalized Corner Of Lem Turner Rd. and Bassett Rd.
  • Clear Visibility And Accessibility With Three Ingress/Egress Locations
  • Property Fronts Lem Turner Rd – AADT 30,500
  • The Dynamics Of The Property Create A Multitude Of Uses For A Prospective Investor And Tenant

Exclusively Listed By

Financing By

Single-Tenant Office Medical

River Run Smiles

Listing Price: $525,000

Cap Rate
6.01%
Tenant Name
North American Dental
Years Remaining On Lease
1.8
Gross SF
2,988
Guarantor
Corporate Guarantee
Rentable SF
2,718
Price/Gross SF
$175.70
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$11.83

Investment Highlights

  • Located On The Hard Signalized Corner Of Lem Turner Rd. and Bassett Rd.
  • Clear Visibility And Accessibility With Three Ingress/Egress Locations
  • Property Fronts Lem Turner Rd – AADT 30,500
  • The Dynamics Of The Property Create A Multitude Of Uses For A Prospective Investor And Tenant

Investment Overview

Marcus & Millichap is pleased to present the subject property, located at 9343 Lem Turner Blvd. Jacksonville, FL 32208. Situated upon 0.61 acres, the structure on this parcel was built in 1972, renovated in 1985, and contains +/- 2,700 SF. Located on the hard signalized corner of Lem Turner and Bassett Rd., the property presents ideal visibility and accessibility in a dense residential and commercial community. Currently, River Run Smiles occupies 2,300 SF of this location and has approximately two years remaining on its lease with two five-year options attached. The dynamics of this property present an array of uses for a prospective investor and potential tenants.

Exclusively Listed By

Financing By

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