Decker Capital And Viking Partners Acquire 200000 SF Industrial Portfolio In Jacksonville For $26500000
11760 Marco Beach Drive, 11655 Central Parkway & 3611 Saint Johns Bluff Road South
$26,500,000
$132/SF
Building Size
200,000 SF
Asset Type
Industrial
Closing
Oct 23, 2025
AI
A 200,000 square foot industrial portfolio has been sold, consisting of eight buildings located at 11760 Marco Beach Drive, 11655 Central Parkway, and 3611 Saint Johns Bluff Road South, within the Jacksonville industrial market. The asset was sold for $26,500,000, resulting in a price per square foot of $132.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $26,500,000
- Buyer: Decker Capital - Shane Decker & Peleg Amzalag; Viking Partners - Aaron Werbel
- Buyer's Representatives: Michael Lewin & Adam Steinlauf - Katalyst Real Estate & Development
- Square Footage: 200,000
- Address: 11760 Marco Beach Drive, 11655 Central Parkway & 3611 Saint Johns Bluff Road South
- Market: Jacksonville
- Price Per Square Foot: $132
This acquisition marks Decker Capital's second Joint Venture with Viking Partners and reinforces their position as a prominent buyer of small-bay industrial properties in the Southeast, having acquired nearly 800,000 square feet of similar assets within the last quarter.
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
0.60%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93