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The Salvation Army Of Northeast Florida Acquires Office Property In Jacksonville For $4.19M

Property Image
SOLD
$4,190,000

Florida

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Office20,170 SF
Sold 07/07/2023
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SOLD

The Salvation Army Of Northeast Florida Acquires Office Property In Jacksonville For $4.19M

800 W Monroe St Jacksonville, Fl 32202, Usa

See Similar Deals
Office20,170 SF
Sold 07/07/2023

Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$207
Total Square Footage:20,170 SF
Transaction Type:Sale

The Salvation Army of Northeast Florida, represented by Maj. Keath Biggers, has purchased a property located at 800 West Monroe Street in the Jacksonville market. The transaction involved an office building sitting on 1.45 acres of land. The sale price for the property was $4,190,000, with a total square footage of 20,170. This amounts to a price per square foot of $208.

Summary of transation details

  • Property Type: Office
  • Transaction Amount: $4,190,000
  • Address: 800 West Monroe Street
  • Market: Jacksonville
  • Acres: 1.45
  • Buyer: The Salvation Army of Northeast Florida - Maj. Keath Biggers
  • Seller: JWB Real Estate Capital
  • Square Footage: 20,170
  • Price per Square Foot: $208

The Salvation Army made this purchase in order to relocate its headquarters within six months. The new facility will offer more space and privacy for clients. Additionally, the building is conveniently situated across the street from the organization's Tower Center of Hope.

Players

BUYER

Details

SOLD
IMAGE: Maj. Keath Biggers DATE: 07/07/2023 ADDRESS: 800 West Monroe Street MARKET: Jacksonville ASSET TYPE: Office ~ ACRES: 1.45 BUYER: The Salvation Army of Northeast Florida (@SalArmyjax) - Maj. Keath Biggers SELLER: JWB Real Estate Capital SALE PRICE: $4,190,000 SF: 20,170 ~ PPSF: $208 NOTE: The Salvation Army purchased a property at 800 W. Monroe St. in LaVilla for $4.19 million to move its headquarters within six months. The new facility will provide more space and privacy for clients, located across the street from its Tower Center of Hope.

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