RL Jensen Beach, LLC Acquires Retail Property In Jensen Beach For $6.03M
3544 Northwest Federal Highway, Jensen Beach, Florida 34957, United States
$6,026,000
$642/SF
Building Size
9,379 SF
Asset Type
Retail
Closing
Feb 13, 2022
About this deal
AI
A retail property located at 3544 NW Federal Hwy in Jensen Beach has been sold for a total price of $6,026,000. The property spans an area of 1.93 acres and offers 9,379 square feet of space. The sale was completed on February 14, 2022. The buyer, RL Jensen Beach, LLC, acquired the property.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,026,000
- Address: 3544 NW Federal Hwy, Jensen Beach
- Market: Jensen Beach
- Acres: 1.93
The sale was facilitated by Alejandro D'Alba and Scott C. Sandelin from The Sandelin Group at Marcus & Millichap. They represented the buyer, RL Jensen Beach, LLC, in the transaction.
On the Map
$6,026,000
$642/SF
Retail
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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
2.63%
Cash-on-Cash
-0.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93