Fortune Plaza

6622 Southpoint Dr S Jacksonville, FL 32216

6622 Southpoint Dr S, Jacksonville, FL, 32216
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
Please Call Broker for Price

Last Verified:
May 09, 2024

Highlights

  • SMALL AVERAGE SUITE SIZE: The building benefits from 23 demised suites with an average size of 2,870 square feet. These suite sizes are ideal for the types of businesses that are flourishing in the post COVID era in Jacksonville MSA, since they aren’t as disrupted by remote work.
  • PROXIMITY AND VISIBILITY FROM MAJOR ROADS: The Property has visibility along I-95 and SR-202 (J Turner Butler Blvd), two of the highest trafficked roads in all of Northeast Florida with over 140,000 average daily vehicle trips.
  • GREAT LOCATION WITH NEARBY RESTAURANTS AND AMENITIES: Located within the Southpoint Business Park, one of the top performing office submarkets in the city. The submarket draws tenants from all over the city due to its central location, close proximity to upscale residential neighborhoods, major medical uses and services. The property is less than 4 miles away from the St. John’s Town Center, which is the dominant outdoor lifestyle center in Jacksonville with over two million square feet of retail, restaurants, apartments and amenities.
  • STRONG DEMOGRAPHICS: Within a 5-mile radius of the property there is a dense population of 199,485 residents with an average household income of $88,496. There are also 151,035 daytime employees in that same radius.
  • FAST GROWING MAJOR METRO IN FLORIDA WITH NO STATE INCOME TAX: This offering provides the opportunity to invest in the Jacksonville, FL MSA, which is benefiting from major population and employment growth. For the past several years, Jacksonville has consistently enjoyed some of the biggest increases in net population inflow in the entire country and was named one of five “supernova” cities by the Urban Land Institute every year since 2021.

Description

NAI Hallmark, as exclusive advisor, is privileged to present the opportunity to acquire 6622 Southpoint Drive South, Jacksonville, Florida 32216 (the “Property”). The Property consists of a four-story, 71,711 square foot office building situated on 3.52 acres of land. The Property was built in 1983 with several recent renovations completed, including but not limited to, LED lights in the parking lot, parking lot reseal and restripe, new restroom countertops and mirrors, and new Cooling Tower (scheduled for install in July 2024). A new roof coating is also scheduled to be complete in Summer 2024.

Located in the prestigious Southpoint office submarket, the property benefits from unmatched visibility from Interstate 95 and SR-202 (J Turner Butler Blvd), and a central location in Jacksonville convenient to St. Johns Town Center, Downtown Jacksonville and the Beaches.


Year Built: 1983
Building Size: 71711sq ft
Building Class: B
Lot Size: 3.52 acres

Map of 6622 Southpoint Dr S, Jacksonville, FL, 32216

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.