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10089 North Main Street, Ja...

Updated Oct 29, 2024

10089 North Main St. LLC Acquires Industrial Property In Jacksonville For $12.76M
SOLDIndustrial

10089 North Main St. LLC Acquires Industrial Property In Jacksonville For $12.76M

10089 North Main Street, Jacksonville, FL, USA

$12,760,000

$53/SF

Building Size

239,552 SF

Asset Type

Industrial

Closing

Mar 30, 2021

About this deal

AI

10089 North Main Street in Jacksonville has been sold for a price of $12,760,000. This industrial property spans across 239,552 square feet, resulting in a price per square foot of $53. The transaction also includes 18.45 acres of land, valued at approximately $691,599 per acre.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $12,760,000
  • Address: 10089 North Main Street, Jacksonville
  • Market: Jacksonville
  • Buyer: 10089 North Main St. LLC
  • Seller: Becknell Properties - Dan Harrington
  • Square Footage: 239,552
  • Price per Square Foot: $53
  • Acres: 18.45
  • Price per Acre: $691,599

The buyer of 10089 North Main Street in Jacksonville is 10089 North Main St. LLC. The property was sold by Becknell Properties, represented by Dan Harrington.

Players

Jacksonville Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $53 per square foot on a published $12.8M for 239,552 square feet (2021).

Browse Florida industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.24%

Cash-on-Cash

-0.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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