Tiger Tari's Star Spangled Racing Acquires Office Building From FCA Partners For $9.275M In Jacksonville
10375 Centurion Parkway North
$9,275,000
$99/SF
Building Size
93,288 SF
Asset Type
Office
Closing
Feb 17, 2026
AI
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
Jacksonville Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.71%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93