TSG Realty Acquires Retail Property In Jacksonville For $4.1M
14054 Beach Blvd, Jacksonville, FL, USA
$4,100,000
$262/SF
Building Size
15,600 SF
Asset Type
Retail
Closing
Oct 7, 2021
AI
The retail property located at 14054 Beach Blvd in Jacksonville has been sold in a recent transaction. The property spans 15,600 square feet and was sold for a total price of $4,100,000, resulting in a price per square foot of $263. The sale took place on 10/07/2021.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,100,000
- Address: 14054 Beach Blvd, Jacksonville
- Market: Jacksonville
The buyer of the property is TSG Realty, while the seller is Regal Plaza LLC. Eric Yi from NAI Hallmark represented both parties as the broker in this transaction.
Players
Jacksonville Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93