Benjamin Meshel & Jeff Meshel Of Candor Capital Partners Acquire Medical/Retail Asset In Fleming Island For $7.9M
4689 Us Route 17
$7,900,000
$217/SF
Building Size
36,387 SF
Asset Type
Retail
Closing
May 6, 2026
AI
The property involved in this transaction is a medical/retail asset located at 4689 US Route 17 in Fleming Island. The sale price of the property was $7,900,000, encompassing a total square footage of approximately 36,387, resulting in a price per square foot of $217.
Summary of transaction details:
- Property Type: Medical/Retail
- Transaction Amount: $7,900,000
- Address: 4689 US Route 17
- Market: Fleming Island
- Square Footage: 36,387
- Price Per Square Foot: $217
- Buyer: Benjamin Meshel & Jeff Meshel - Candor Capital Partners
- Seller: Sagi Shaked
Benjamin Meshel and Jeff Meshel represented Candor Capital Partners in the acquisition of the property. The firm is currently focused on seeking value-add medical deals nationwide.
Players
Orange Park 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
2.01%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93