The sale included six, multi-tenanted medical office buildings totaling 46,357 square feet.
JACKSONVILLE, FL, November 2, 2020 — NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville announces the sale of Fleming Island Medical Plaza I & II in Fleming Island, Florida (the “Property”). The transaction was brokered by Senior Vice President Daniel Burkhardt, SIOR, CCIM and Managing Partner Keith Goldfaden on behalf of the seller, Fleming Island Medical Plaza LLC and Fleming Island Medical Plaza II LLC. Woodside Health purchased the Property for $6,750,000.
The Property is located at 1681, 1685, 1689 & 1675, 1677, 1679 Eagle Harbor Parkway in Fleming Island, Florida 32003, and consists of six multi-tenanted medical office buildings totaling 46,357 square feet situated on 4.14 acres of land. At the time of sale, the Property was 83% occupied by medical tenants including First Coast Cardiovascular, St. Johns Vein Center, JE Foot and Ankle, Brooks Rehabilitation, and numerous others.
“We were able to attract numerous qualified buyers during our marketing process given the property’s long-standing and stable tenancy, strong in-place income, and value-add opportunity,” said Daniel Burkhardt, senior vice president of NAI Hallmark. “Ultimately, Woodside Health was awarded the deal because they saw the great long-term potential for this property and the overall growth dynamics of the surrounding submarket and Clay County.”
For more information regarding the sale of Fleming Island Medical Plaza I & II in Fleming Island, Florida or any questions relating to investment sales or medical office assets, please contact at NAI Hallmark at +1 904 363 9002.