Daily limit: 0/10
Natural Life Collections Inc Acquires 1-Acre Office Property In Jacksonville Beach For $7M
SOLD
$7,000,000
Florida
See Similar DealsOffice16,600 SF
Sold 06/22/2023
SOLD
Natural Life Collections Inc Acquires 1-Acre Office Property In Jacksonville Beach For $7M
901 7th Ave S Jacksonville Beach, FL 32250, USA
See Similar DealsOffice16,600 SF
Sold 06/22/2023
Summary
FLORIDA
Asset Type:Office
Price Per Square Foot:$421
Total Square Footage:16,600 SF
Transaction Type:Sale
Online retailer Natural Life Collections Inc. has acquired a 1-acre parcel in Jacksonville Beach for $7 million. The property includes two buildings and is located near the Jacksonville Beach Country Club and Jacksonville Beach Elementary School.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $7,000,000
- Address: 901 7th Avenue South, Jacksonville Beach
- Market: Jacksonville Beach
- Acres: 1
The buyer, Natural Life Collections Inc, represented by Patti Hughes, completed the purchase from JAX Refrigeration LLC.
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$373,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$24,869.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$33,183.57
Annual Debt Service$398,202.85
Is there something missing? Send suggestions