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Tiger Tari's Star Spangled Racing Acquires Office Building From FCA Partners For $9.275M In Jacksonville

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SOLD
$9,275,000

Florida

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Office93,288 SF
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Tiger Tari's Star Spangled Racing Acquires Office Building From FCA Partners For $9.275M In Jacksonville

10375 Centurion Parkway North

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Office93,288 SF
Sold
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Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$99
Total Square Footage:93,288 SF
Transaction Type:Sale

This transaction involves the sale of Centurion Centre I, a four-story office building located at 10375 Centurion Parkway North in Jacksonville. The asset encompasses 93,288 square feet and was sold for $9,275,000, equating to a price per square foot of $99. The property is currently 94% leased and situated in the Deerwood Park area.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $9,275,000
  • Address: 10375 Centurion Parkway North
  • Market: Jacksonville
  • Square Footage: 93,288
  • Price per Square Foot: $99
  • Buyer: Tiger Tari - Star Spangled Racing
  • Seller: FCA Partners
  • Buyer's Representative: Daniel Burkhardt - NAI Hallmark
  • Seller's Representatives: Karl Johnston - Cushman & Wakefield; Brad Chrischilles - Foundry Commercial

The sale was notably brokered by Cushman & Wakefield. The transaction involved the representation of the buyer by NAI Hallmark, while the seller was represented by both Cushman & Wakefield and Foundry Commercial. The involvement of Tiger Tari, a race car driver, is significant, linking the buyer to the sports sector.

Players

Karl Johnston
6 deals$157.6M volume
BROKER

Brad Chrischilles
Foundry Commercial
2 deals$85.8M volume
BROKER

Brad Chrischilles
2 deals$85.8M volume
BROKER

Daniel Burkhardt
NAI Global
11 deals$72M volume
BROKER

Details

SOLD
IMAGE: Brad Chrischilles, Tiger Tari, Daniel Burkhardt & Karl Johnston DATE: 02/17/2026 ADDRESS: 10375 Centurion Parkway North MARKET: Jacksonville ASSET TYPE: Office BUYER: Tiger Tari (@Tiger_Tari) - Star Spangled Racing (@StarSpangledRacing) SELLER: FCA Partners BUYER'S REP: Daniel Burkhardt - NAI Hallmark (@NAIHallmark) SELLER'S REP: Karl Johnston - Cushman & Wakefield (@CushWake); Brad Chrischilles - Foundry Commercial (@FoundryCommercial) SALE PRICE: $9,275,000 SF: 93,288 ~ PPSF: $99 NOTE: Cushman & Wakefield brokered the $9.275 million sale of Centurion Centre I, a 93,288-square-foot, four-story office building at 10375 Centurion Parkway N. in Jacksonville, from FCA Fund II LLC to an LLC tied to race car driver Tiger Tari. The 94%-leased property, located in Deerwood Park, was represented on the buyer’s side by NAI Hallmark.

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

$494,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$32,952.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$43,968.23
Annual Debt Service$527,618.78