Parkers Kitchen Acquires Retail Property In Orange Park From Pedro Camejo For $3.45M
SOLD
$3,450,000
Florida
See Similar DealsRetail8,877 SF
Sold 01/06/2026
SOLD
Parkers Kitchen Acquires Retail Property In Orange Park From Pedro Camejo For $3.45M
486 Blanding Boulevard & 2121 Constitution Drive
See Similar DealsRetail8,877 SF
Sold 01/06/2026
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$388
Total Square Footage:8,877 SF
Transaction Type:Sale
The retail asset involved in this transaction is located at 486 Blanding Boulevard & 2121 Constitution Drive in Orange Park. The sale price of the property was $3,450,000, with a total lot size of 67,168 square feet, resulting in a price per square foot of $51.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,450,000
- Lot Size: 67,168 SF
- Price per Lot SF: $51
- Buyer: Parkers Kitchen
- Seller: Pedro Camejo
- Buyer's Representative: Scott Giles - Atlantic Retail
- Seller's Representatives: Jonathan De La Rosa & Eduardo Toledo - Marcus & Millichap
This transaction was facilitated by the involvement of Scott Giles, representing the buyer, Parkers Kitchen, while the seller, Pedro Camejo, was represented by Jonathan De La Rosa and Eduardo Toledo from Marcus & Millichap, highlighting the collaboration between the various parties in the deal.
Players
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$184,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,257.11
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,354.76
Annual Debt Service$196,257.12
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