SOLD
Narut Land Company Inc. Acquires Lakeside Plaza Office Buildings In Jacksonville For $4.3M
8665, 8667 & 8669 Baypine Road
Office
64,593 SF
64,593 SF
Sold 257 days ago
Summary
Sale
FLORIDA
Office
64,593 sqft
Narut Land Company Inc. has purchased the 5.3-acre Lakeside Plaza in Baymeadows, Jacksonville. The property consists of three office buildings totaling 64,593 square feet. The sale price for this acquisition was $4.3 million, resulting in a price per square foot of $67.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $4,300,000
- Address: 8665, 8667 & 8669 Baypine Road
- Market: Jacksonville
- Acres: 5.3
The buyer of Lakeside Plaza is Narut Land Company Inc., represented by Tom Narut. The seller of the property is Acorn Property Holdings. The deal was facilitated by brokers Daniel Burkhardt and Keith Goldfaden from NAI Hallmark. NAI Hallmark will also handle property management and leasing for Lakeside Plaza. Despite current capital market conditions, there has been strong demand for quality office investment properties.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Daniel Burkhardt & Keith Goldfaden
DATE: 08/17/2023
ADDRESS: 8665, 8667 & 8669 Baypine Road
MARKET: Jacksonville
ASSET TYPE: Office ~ ACRES: 5.3
BUYER: Narut Land Company Inc. - Tom Narut
SELLER: Acorn Property Holdings
BROKERS: Daniel Burkhardt & Keith Goldfaden - NAI Hallmark (@NAIHallmark)
SALE PRICE: $4,300,000
SF: 64,593 ~ PPSF: $67
NOTE: Narut Land Company Inc. has purchased the 5.3-acre Lakeside Plaza in Baymeadows, featuring three office buildings totaling 64,593 square feet, for $4.3 million. NAI Hallmark will handle property management and leasing, with strong demand noted for quality office investment property despite current capital market conditions.View on map
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Address8665, 8667 & 8669 Baypine Road
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