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IWH Capital Acquires Industrial Property From QRST Properties In Jacksonville For $10.94M

Property Image
SOLD
$10,939,632

Florida

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Industrial100,000 SF
Sold 02/13/2026
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Property Image
SOLD

IWH Capital Acquires Industrial Property From QRST Properties In Jacksonville For $10.94M

8801 Corporate Square Court

See Similar Deals
Industrial100,000 SF
Sold 02/13/2026
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$109
Total Square Footage:100,000 SF
Transaction Type:Sale

The property asset involved in the transaction is located at 8801 Corporate Square Court in the Jacksonville market. This industrial asset comprises 100,000 square feet and was sold for a price of $10,939,632, resulting in a price per square foot of $109.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $10,939,632
  • Address: 8801 Corporate Square Court
  • Market: Jacksonville
  • Square Footage: 100,000
  • Price Per Square Foot: $109
  • Buyer: IWH Capital
  • Seller: QRST Properties
  • Brokers: Kyle Fisher & Kyle Murphy - CBRE

The individuals involved in this transaction include Kyle Fisher and Kyle Murphy, who represented the deal through CBRE. They played a significant role in facilitating the sale between the buyer, IWH Capital, and the seller, QRST Properties.

Players

Kyle Fisher
3 deals$52.9M volume(864) 540-5926
BROKER

Kyle Murphy
CBRE
2 deals$17.9M volume(845) 416-3890
BROKER

Details

SOLD
IMAGE: Kyle Murphy & Kyle Fisher DATE: 02/13/2026 ADDRESS: 8801 Corporate Square Court MARKET: Jacksonville ASSET TYPE: Industrial BUYER: IWH Capital SELLER: QRST Properties BROKERS: Kyle Fisher (@ kyleFisher2) & Kyle Murphy (@KMurph_19) - CBRE (@CBRE) SALE PRICE: $10,939,632 SF: 100,000 ~ PPSF: $109

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$583,447.02

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$38,866.22
Cash-on-Cash Return-1.27%
Monthly Debt Service$51,859.44
Annual Debt Service$622,313.24