The Fleming Island Medical Plaza at 4565 and 4575 U.S. 17, Fleming Island sold March 13 for $24.12 million.
Lincoln Property Co. of Dallas sold the property through Holdings Fleming Island LLC. Lincoln Property is a private real estate company that serves owners, investors, lenders and tenants of commercial properties.
SG Property Services of Atlanta bought the property through Fleming Island MOB Owner LLC. SG Property Services specializes in health care real estate development and acquisitions.
The property comprises two buildings on 7.5 acres. Both were constructed in 2010.
The first building is one story and 10,527 square feet. The second is two stories and 66,520 square feet.
The internet lists current occupants as Southeast Orthopedic Specialists, Family Care Partners by InnovaCare Health, Akumin medical diagnostic imaging, First Coast Heart & Vascular Center, Brooks Rehabilitation Outpatient Clinic and DaVita Fleming Island Dialysis.
Chris Bodnar, Brannan Knott, Zack Holderman, Anthony Sardo, Cole Reethof and Jesse Greshin of CBRE U.S. Healthcare Capital Markets partnered with Bruce Jackson of CBRE’s Jacksonville leasing team to act as the exclusive advisers to the seller, Accretiv Group and Lincoln Property Company.
The property was last sold in June 2021 for $14.4 million.