Karina Garcia Acquires Retail Property In Jensen Beach For $3,100,000 With Conor Mackin As Buyer's Rep
3405 Federal Highway
$3,100,000
$219/SF
Building Size
14,152 SF
Asset Type
Retail
Closing
Sep 11, 2026
About this deal
AI
The property asset involved in this transaction is a retail space located at 3395-3405 Northwest Federal Highway in Jensen Beach. The sale price for the property was $3,100,000, encompassing a total square footage of 14,152, which translates to a price per square foot of $219.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,100,000
- Buyer: Karina Garcia
- Seller: Kelli Adelberg
- Buyer's Representative: Conor Mackin - CMB Commercial Real Estate
- Seller's Representative: Rosi Shepard - RE/MAX Commercial
Key individuals involved in this deal include buyer Karina Garcia and seller Kelli Adelberg, each represented by their respective brokers. Conor Mackin represented the buyer through CMB Commercial Real Estate, while Rosi Shepard represented the seller via RE/MAX Commercial.
Players
Jensen Beach 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
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93