Harbour Place Professional Park Offices | 7% Current… — Sale in Jacksonville, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Jacksonville, FL 32225
  • Year built: 2002

Photos

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Investment Figures

Cap rate
7.03%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus and Millichap is pleased to present the subject property, located at 13121 Atlantic Blvd. Jacksonville, FL 32225. Located within the only exclusive professional office park in the area, Harbour Place Professional Park, this 6,768 SF structure is situated upon 0.6 acres and was built in 2002, has concrete panel exterior walls, and was reroofed in 2022. There is heavy commercial and residential use nearby, with the property fronting Atlantic Blvd., 54,000 vehicles per day, and there are ~193,000 residents within a 5-mile radius with an average household income of ~$117,000. Directly across the street, there is a Publix-anchored neighborhood retail center, and other major retailers such as Lowe’s, Winn-Dixie, The Home Depot, and BJ’s Wholesale Club are right down the road. Two tenants occupy all 4 suites in the building, Proactive Life Skills and Pacifica Care. Proactive Life Skills has leased its 3 suites since 2017 and is in its fourth year of a seven-year lease, and Pacifica Care has been in its space since 2011, and is in a 6-month option that can potentially be extended, or their tenancy can be replaced with an owner-user or new tenant. Both tenants have below-market rents, resulting in the property having rents ~27% below market; the base rent/SF for the property is $19.41/SF, whereas for the market it is $26.66/SF. Therefore, a prospective investor or owner-user can capitalize on potential rental increases as soon as July 2026 for suite 100 and by April 2030 for suites 200, 300, and/or 400. Investment Highlights: • Located In the Only Professional Office Park in The Area • Heavy Commercial and Residential Use Nearby • Atlantic Blvd Fronts the Property, 54,000 Vehicles Per Day • Below Market Rents With Lease Flexibility • 4.0% Vacancy Rate for Office Space Between 500-10,000SF in the Surrounding Area

Market Context

This office in Jacksonville, FL is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing office assets. The building dates to 2002. Compare it against other office listings for sale in Jacksonville, FL — view the full market.

As of Q2 2026, the Jacksonville office market showed a 20.5% vacancy rate, and average asking rents near $23.25/SF/yr. Source: multiple brokerage reports, Q2 2026.

Above-average vacancy gives buyers leverage and a wide set of comparables.

Office market FAQ

Is the Jacksonville office market tightening or softening?
Vacancy is around 20.5% (Q2 2026).

Estimated Price per SF

$159.64/SF – $1,161/SF

Mid: $483.76/SF

About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.

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