Avi Zaguri Purchases Office Property In Jacksonville From Cypress Jack LLC For $5.4M
8311 Cypress Plaza Drive
$5,400,000
$126/SF
Building Size
42,708 SF
Asset Type
Office
Closing
Aug 10, 2026
About this deal
AI
The property involved in this transaction is located at 8311 Cypress Plaza Drive in Jacksonville, FL. This office asset encompasses a total area of 42,708 square feet and spans across 5.26 acres. The sale was completed for a total amount of $5,400,000, translating to a price per square foot of $126.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $5,400,000
- Address: 8311 Cypress Plaza Drive
- Market: Jacksonville, FL
- Square Footage: 42,708
- Price per Square Foot: $126
- Buyer: Avi Zaguri - 9512 Sunbeam Center LLC; Perfume 4 You Ltd
- Seller: Cypress Jack LLC
- Brokers: Daniel Burkhardt & Keith Goldfaden - NAI Hallmark
DANIEL BURKHARDT and KEITH GOLDFADEN of NAI Hallmark represented the seller, Cypress Jack LLC, in the transaction. The buyer of the property is Jacksonville investor Avi Zaguri, who was associated with two entities, 9512 Sunbeam Center LLC and Perfume 4 You Ltd.
On the Map
$5,400,000
$126/SF
Office
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Players
Plaza 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
2.94%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93