Former JEA Office Tower

• Office Tower

• Jacksonville, Florida

• Last Vacant Office Tower in Downtown Jacksonville, Florida

• 162,700 SF - 18 Stories with Sky Lounge at the Top (19)

• Adjacent to New City Hall, New Federal Courthouse, Skyway

• Price Reduced to Just $7,000,000 ($43.00 PSF)

# Price: $7,000,000
# Building Size: 162,000 SF
# Price/SF: $43.21
# Property Type: Office
# Property Sub-type: Office Building
# Additional Sub-types: Economy/ Limited Service. Mid/High-Rise Institutional/ Governmental
# Property Use Type: Investment
# Cap Rate: 9.50%
# No. Stories: 19
# Building Class: B
# Tenancy: Multiple
# Year Built: 1950
# Lot Size: 0 AC


Highlights

* Great Trophy Location - Next to all the progress Downtown
* Across the street from the New Courthouse SUPER-PLEX

* Request our information on "Why Jacksonville"

Description

BACK ON THE MARKET - The last available 19 Story, 162k SF Vacant Office Tower in Downtown Jacksonville.

Located across the street from the New City Hall, $80M Federal Courthouse, New $300M County Courthouse, & Skyrail Station in the heart of the New Urban Core of the Central Business District. A real Trophy Property. One of the best blocks in downtown Jacksonville

It has recently fallen out of contract and now can be purchased at a much lower price. Please request brochure for additional information and to read all about the $3.5 Billion in improvements/projects currently being completed as part of the revitalization of Downtown Jacksonville and the new master plan of the "Urban Core" of the Central Business District.

This property along with its adjoining property could be purchase at an excellent price for the right buyer able to move quickly. All due diligence has been completed and seller is motivated.

At the corner of Duval and Julia Street.

Located across the street from the New City Hall, New $80M Federal Courthouse, New $300M County Courthouse, & Skyrail Station in the heart of the New Urban Core of the Central Business District. A real Trophy Property.

One of the best blocks in downtown Jacksonville!

Jacksonville has become the desired hotspot for developers & investors across the nation. Industry experts and analysts have all consistently named Jacksonville as one of their top favorite places in the country to invest

Complete Due Diligence and Document Package Available For Seriously Interested Buyers.
NCND Required First.
 

Bid4Assets Real Estate Buyer Responsibilities

Bid4Assets reminds all potential bidders on real estate that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid. Necessary due diligence items may include, but are not limited to, a) a satisfactory inspection of the property, and b) the satisfactory completion of a title search.

By placing a bid, you acknowledge that any statements made by the seller pertaining to the condition or market value of the property are subjective, and do not release you from your responsibility to perform a due diligence review.