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JRW Realty Assists Client In Acquisition Of $9.9M Daybreak Market And Fuel Property In Pace, FL

Property Image
SOLD
$9,900,000
Justin Zahn
Leanna Tatikian

Florida

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Retail8,634 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

JRW Realty Assists Client In Acquisition Of $9.9M Daybreak Market And Fuel Property In Pace, FL

4540 US-90 Pace, FL 32571, USA

See Similar Deals
Retail8,634 SF
Sold
Justin Zahn
Leanna Tatikian
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$1146
Total Square Footage:8634 SF
Transaction Type:Sale

Located at 4540 US-90 in Pace, FL, a $9.9 million Daybreak Market and Fuel property has been sold. The retail asset, spanning 8,634 square feet, was purchased in this closed transaction.

Summary of transaction details

  • Property Type: Retail
  • Sale Price: $9,900,000
  • Square Footage: 8,634 SF
  • Price per Square Foot: $1,147
  • Address: 4540 US-90, Pace, FL
  • Market: Pace

Leanna Tatikian from JRW Realty acted as the buyer's representative in this deal, successfully assisting a client in acquiring the property. On the other hand, Justin J. Zahn from Commercial Investment Advisors, Inc represented the seller throughout the transaction.

This successful acquisition showcases the expertise of Leanna Tatikian as a real estate advisor, who was able to source and close the deal, securing the Daybreak Market and Fuel property for the buyer.

Players

Leanna Tatikian
JRW Realty
Leanna Tatikian
2 deals$22.9M volume
BROKER
Justin Zahn
Commercial Investment Advisors
Justin Zahn
2 deals$11.4M volume
BROKER

Details

SOLD
IMAGE: Justin J. Zahn DATE: 06/12/2023 ADDRESS: 4540 US-90 MARKET: Pace ASSET TYPE: Retail BUYER'S REP: Leanna Tatikian (@LeannaBedross)- JRW Realty SELLER'S REP: Justin J. Zahn - Commercial Investment Advisors, Inc SALE PRICE: $9,900,000 SF: 8,634 ~ PPSF: $1,147 NOTE: JRW Realty assisted a client in acquiring a $9.9 million Daybreak Market and Fuel property in Pace, FL. Leanna Tatikian, a real estate advisor, sourced and closed the deal on behalf of the buyer, with Justin J. Zahn representing the seller.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$528,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$35,172.61
Cash-on-Cash Return-1.27%
Monthly Debt Service$46,931.05
Annual Debt Service$563,172.61