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Virendra Patel Of L.V.M. Corp Purchases Retail Property From Ben Mallah For $13.5M In Orange Park

Property Image
SOLD
$13,500,000

Florida

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Retail109,895 SF
Sold 12/01/2025
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Property Image
SOLD

Virendra Patel Of L.V.M. Corp Purchases Retail Property From Ben Mallah For $13.5M In Orange Park

560 Blanding Boulevard

See Similar Deals
Retail109,895 SF
Sold 12/01/2025
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$122
Total Square Footage:109,895 SF
Transaction Type:Sale

The property asset involved in the transaction is a retail asset located at 560 Blanding Boulevard in Orange Park. This retail space encompasses 109,895 square feet and occupies 10.23 acres of land. The transaction concluded with a sale price of $13,500,000, resulting in a price per square foot of $123.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $13,500,000
  • Buyer: Virendra Patel - L.V.M. Corp.
  • Seller: Ben Mallah - Equity Management Partners
  • Lender: Midflorida Credit Union
  • Mortgage Amount: $7,020,000

Ben Mallah sold the property through Blanding Blvd BJ’s LLC. He previously acquired the 10.23-acre site for $13.95 million in 2019. The buyer, Virendra Patel, is based in Chicago and represents L.V.M. Corp. in this transaction.

Players

Ben Mallah
Ben Mallah
15 deals$331.7M volume
SELLER
Midflorida Credit Union
Midflorida Credit Union
LENDER

Details

SOLD
IMAGE: Ben Mallah & Virendra Patel DATE: 12/01/2025 ADDRESS: 560 Blanding Boulevard MARKET: Orange Park ASSET TYPE: Retail ~ ACRES: 10.23 BUYER: Virendra Patel - L.V.M. Corp. SELLER: Ben Mallah (@RealBenMallah) - Equity Management Partners LENDER: Midflorida Credit Union SALE PRICE: $13,500,000 SF: 109,895 ~ PPSF: $123 NOTE: Ben Mallah sold the 109,895-sf BJ’s Wholesale Club at 560 Blanding Blvd. in Orange Park for $13.5M to Chicago-based L.V.M. Corp., which secured a $7.02M mortgage from Midflorida Credit Union. Mallah, who bought the 10.23-acre property for $13.95M in 2019, completed the sale through Blanding Blvd BJ’s LLC.

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