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10375 Centurion Parkway North

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

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

Karl Johnston

Cushman & Wakefield

Broker

$157.6M

vol

6 deals

Broker

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