Updated Oct 28, 2024
Graham Capital Acquires Industrial Properties In Jacksonville For $24.8M
7051 Stuart Avenue, Jacksonville, FL, USA
$24,850,000
$82/SF
Building Size
301,529 SF
Asset Type
Industrial
Closing
Aug 18, 2021
About this deal
AI
An industrial property located at 7051 Stuart Ave, 6982 Highway Ave, and 1550 Ellis Road in Jacksonville has been sold for a total price of $24,850,000. The property spans approximately 301,529 square feet, resulting in a price per square foot of $82. It encompasses 18.2 acres, with a price per acre of $1,365,385.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $24,850,000
- Square Feet: 301,529
- Price per Square Foot: $82
- Acres: 18.2
- Price per Acre: $1,365,385
The buyer of the property is Graham Capital, while the seller is 7051 Stuart Avenue LLC, represented by Samuel Easton.
On the Map
$24,850,000
$82/SF
Industrial
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Players
Jacksonville Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.64%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93