JAMC Capital LLC Acquires Industrial Property In Jacksonville For $11.8M
SOLD
$11,800,000
+ 1
Florida
See Similar DealsIndustrial72,000 SF
Sold 12/21/2021
SOLD
JAMC Capital LLC Acquires Industrial Property In Jacksonville For $11.8M
10255 Fortune Parkway, Jacksonville, Florida 32256, United States
See Similar DealsIndustrial72,000 SF
Sold 12/21/2021
+ 1
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$163
Total Square Footage:72,000 SF
Transaction Type:Sale
An industrial property located at 10255 Fortune Parkway in Jacksonville was recently sold in a closed transaction. The property spans a total area of 72,000 square feet and was sold for a price of $11,800,000, resulting in a price per square foot of $164. The transaction took place on December 21, 2021.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $11,800,000
- Address: 10255 Fortune Parkway, Jacksonville
- Market: Jacksonville
The buyer of the property was JAMC Capital LLC, while the property was sold by Graham & Company, with Matthew Graham representing the company. The transaction was facilitated by CBRE, with the following brokers involved: Mike Harrell, Gary Marcy, Mike Bogle, and Ben Stewart.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$629,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$41,922.92
Cash-on-Cash Return-1.27%
Monthly Debt Service$55,938.02
Annual Debt Service$671,256.24
Is there something missing? Send suggestions