RK Centers Acquires Retail Asset In Jensen Beach From Sam David For $3.75M
4420 Federal Highway
$3,750,000
$257/SF
Building Size
14,560 SF
Asset Type
Retail
Closing
Jun 25, 2026
AI
The property asset is located at 4420 Federal Highway in Jensen Beach. It consists of a retail space totaling 14,560 square feet, with a sale price of $3,750,000, which breaks down to a price per square foot of $257.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,750,000
- Buyer: RK Centers
- Seller: Sam David
- Buyer’s Representative: Jose Sasson Lerner, Roberto Susi & Elad Barokas - AXIOM Capital Advisors
- Seller’s Representative: Jeffrey Chamberlin - SLC Commercial
- Date of Transaction: 06/26/2026
The buyer, RK Centers, is represented by a team from AXIOM Capital Advisors, including Jose Sasson Lerner, Roberto Susi, and Elad Barokas. The seller, Sam David, has his interests represented by Jeffrey Chamberlin of SLC Commercial. A note from the buyer's representative highlights the successful completion of this retail sale.
Players
Market 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
4.23%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93