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0 Baths
18,546 sqft

$2,499,000

8669 BAYPINE RD, JACKSONVILLE FL, 32256

Price per sqft$134.75
Built in1994
Property size18,546 sqft
Property typeCommercial
Courtesy of CARRIGAN LAND GROUP, LLC, Dylan Bynum  Listing Contact: 407-462-7720

Overview

Active

Listed Jun 5, 2026

Updated Jul 22

Virtually Staged. Rare opportunity to acquire a stabilized ±18,510 SF two-building lakefront office/flex investment property located within Jacksonville's highly sought-after Baypine / Deerwood business corridor. Situated on a professionally maintained waterfront campus with abundant parking, mature landscaping, and immediate access to Interstate 95 and Butler Boulevard (JTB), the property consists of both a ±13,704 SF main building and a ±4,806 SF building. Recent ownership capital improvements, strong curb appeal, and a strategic location within one of Jacksonville's premier office submarkets position this asset as a compelling long-term investment opportunity. The property is 100% occupied by a long-term established organization with more than 15 years of occupancy history and a recently exercised renewal option, providing stable in-place cash flow through a Triple-Net (NNN) lease structure with contractual 5% annual rent escalations. The offering presents an attractive 6.59% cap rate based on current income, with projected NOI growth through future rent escalations and additional upside potential from below-market in-place rental rates.

Additional information

MLS® ID
O6414238

Interior Features

Bathrooms
0
Cooling
Yes
Basement
No

Exterior Features

Lot Size
3.05 Acres

Other Property Details

Taxes
$67,081
Tax Frequency
Annually
Association Fee Frequency
Monthly
Waterfront
Yes

Listings courtesy of Stellar MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jamil Winston shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 6:16 PM UTC on 10/5/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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