Senior Vice President Daniel Burkhardt, SIOR and Vice President Austin Kay represented the seller, Bayberry Wells Leasing LLC. The Buyer, Lincoln Memorial University, purchased the Property for $4,675,000.

The Property is a 35,020 square foot office / retail building on 2.57 acres located on Wells Road, one of Orange Park’s major commercial corridors benefiting from high traffic counts and easy access to I-295, connecting Orange Park to the rest of the Jacksonville MSA. The Property features full web-based HVAC controls, secure access-point badge reading technology, interior and exterior camera systems with DVR recording system, UPS backup power system, 175-Kilowatt back-up diesel generator, and 2 dock high doors. The Property was built in 1993 with renovations completed in 2007.