Edgewood Grande LLC Acquires Retail Property In Jacksonville For $2.15M

The retail property located at 3118 Edgewood Ave. W. in Jacksonville has been sold. The transaction took place on July 6, 2021. The property, spanning 61,085 square feet, was purchased by Edgewood Grande LLC from Tom Garvin. The sale price was $2,150,000, resulting in a price per square foot of $35. The property occupies 6.25 acres, with a price per acre of $344,000.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $2,150,000
• Date: 07/06/2021
• Address: 3118 Edgewood Ave. W.
• Market: Jacksonville
• Square Footage: 61,085
• Price per Square Foot: $35
• Acreage: 6.25
• Price per Acre: $344,000

The deal was facilitated by the brokers Austin Kay and Eric Yi of NAI Hallmark, representing both the buyer and the seller.