Updated Dec 21, 2023
Marcus & Millichap Brokers Sell Industrial Property In Jacksonville For $5.6M
8286 Western Way Circle, Jacksonville, FL, USA
$5,569,500
$99/SF
Building Size
56,000 SF
Asset Type
Industrial
Closing
Nov 8, 2021
About this deal
AI
An industrial property located at 8286 Western Way Circle in Jacksonville, was recently sold for a price of $5,569,500. The property spans approximately 56,000 square feet, resulting in a price per square foot of $99.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,569,500
The sale of this industrial property was facilitated by Marcus & Millichap, with Peter Catanzaro, Edward F. Duke III, and Will Harding serving as the brokers representing the transaction.
The industrial sale at 8286 Western Way Circle, Jacksonville, FL, USA in Jacksonville, Florida sold for $5.6M in 2021. The building is 56,000 square feet, implying about 99 per square foot on the published price. Will Harding, Peter Catanzaro, Edward "Tripp" Duke III, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Jacksonville, Florida file for the 8286 Western Way Circle, Jacksonville, FL, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Jacksonville sit in the Market section below. Filter that Jacksonville industrial set by closing date to see what else sold near 8286 Western Way Circle, Jacksonville, FL, USA around 2021. Published consideration for 8286 Western Way Circle, Jacksonville, FL, USA is $5.6M, dated 2021. Cite this Marcus & Millichap Brokers Sell Industrial Property In Jacksonville For $5.6M sale when underwriting similar industrial product around Jacksonville, Florida.
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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
2.85%
Cash-on-Cash
-0.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93