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2601 Southeast Willoughby B...

Updated Sep 21, 2026

Bilt advertisement
Greenbarn Investment Group Acquires 20 Acres Of Commercial Property In Stuart For $12 Million
SOLDCommercial

Greenbarn Investment Group Acquires 20 Acres Of Commercial Property In Stuart For $12 Million

2601 Southeast Willoughby Boulevard

$12,000,000

$13/SF

Building Size

871,461 SF

Asset Type

Commercial

Closing

Aug 26, 2026

About this deal

AI

The asset involved in this transaction is a commercial property located at 2601 Southeast Willoughby Boulevard in the Stuart market. The property encompasses 20 acres with a total square footage of 871,461. The sale was completed for a price of $12,000,000, translating to a price per square foot of $13.

Summary of transaction details:

  • Property Type: Commercial
  • Transaction Amount: $12,000,000
  • Address: 2601 Southeast Willoughby Boulevard
  • Market: Stuart
  • Acres: 20
  • Square Footage: 871,461
  • Price Per Square Foot: $13
  • Buyer: Greenbarn Investment Group
  • Seller: Jeremiah Baron
  • Brokers: Chris Belland & Jerry Follano - CMB Commercial Real Estate

Chris Belland and Jerry Follano, representing CMB Commercial Real Estate, facilitated the transaction for both the buyer, Greenbarn Investment Group, and the seller, Jeremiah Baron, ensuring a smooth completion of the sale.

Players

Chris Belland

CMB Commercial Real Estate

Broker
Broker
GG
GreenBarn Investment GroupBuyer

Jeremiah Baron

Seller

$42M

vol

3 deals

Seller

Stuart Commercial Market Snapshot

Boundary boundary · Commercial · Sale transactions

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Deal FAQ

About $13 per square foot on a published $12M for 871,461 square feet (2026).

Visit Jeremiah Baron to view all their deals.

Browse Stuart commercial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.32%

Cash-on-Cash

-0.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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