$1,300,000
$1,305,000
0.4%For more information regarding the value of a property, please contact us for a free consultation.
3 Baths
SOLD DATE : 06/13/2024
Key Details
Sold Price $1,300,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 241460
Sold Date 06/13/24
Full Baths 3
HOA Y/N No
Property Sub-Type Office
Property Description
Sale/Leaseback. Medical practice will sign a new 10 year lease, NNN at 7.5% cap rate with 2% annual increases. ABOUT THE SELLER/TENANT: Island Doctors opened its first office in October 1991 on Anastasia Island in Saint Augustine, Florida. Since then, they have grown to over 50 offices in Alachua, Bay, Charlotte, Collier, Columbia, Clay, Duval, Escambia, Flagler, Lee, Putnam, Santa Rosa, Saint Johns, Sumpter and Volusia counties. Island Doctors also manages a network of affiliate providers throughout these eleven counties and around the Orlando area. For over 30 years, it has been their mission to promote health improvement to each and every patient that walks through their doors.
Location
State FL
County Saint Johns
Area 07
Building
Story 1
Level or Stories 1
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1637 Racetrack Rd # 100, Johns, FL, 32259, United States



