Mr. Implant LLC Acquires Retail Property In Jacksonville For $1.5M
11645 Beach Boulevard, Jacksonville, FL, USA
$1,500,000
$105/SF
Building Size
14,290 SF
Asset Type
Retail
Closing
May 28, 2020
About this deal
AI
11645 Beach Boulevard, a retail property located in Jacksonville, was recently sold. The property spans 14,290 square feet and was sold for $1,500,000, making the price per square foot $105.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,500,000
- Date: 05/28/2021
- Market: Jacksonville
- Buyer: Mr. Implant LLC
- Seller: Mark’s Investment Properties LLC
The buyer was represented by Jason Price from Crown Tenant Advisors, while Austin Kay and Eric Yi from NAI Hallmark served as the seller's representatives.
The retail sale at 11645 Beach Boulevard, Jacksonville, FL, USA in Jacksonville, Florida sold for $1.5M in 2020. The building is 14,290 square feet, implying about 105 per square foot on the published price. Eric Yi, Austin Kay, Jason Rice, NAI Global appear on the sale alongside NAI Global, Berkadia. This page is the Jacksonville, Florida file for the 11645 Beach Boulevard, Jacksonville, FL, USA retail sold: pricing, party profiles, and other closed retail comps from the same Jacksonville sit in the Market section below. Filter that Jacksonville retail set by closing date to see what else sold near 11645 Beach Boulevard, Jacksonville, FL, USA around 2020. Published consideration for 11645 Beach Boulevard, Jacksonville, FL, USA is $1.5M, dated 2020. Cite this Mr. Implant LLC Acquires Retail Property In Jacksonville For $1.5M sale when underwriting similar retail product around Jacksonville, Florida.
Players
Jacksonville Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93