Chase Dominguez Of Stan Johnson Co. Sells Fort Walton Beach Retail Property For $8.4M
575 Beal Parkway Northwest, Fort Walton Beach, Florida 32548, United States
$8,400,000
$525/SF
Building Size
15,982 SF
Asset Type
Retail
Closing
Aug 11, 2022
About this deal
AI
The retail property located at 575 Beal Parkway NW in Fort Walton Beach has been sold for $8,400,000. The transaction was facilitated by Chase Dominguez of Stan Johnson Co. The property spans a total area of 15,982 square feet, resulting in a price per square foot of $526.
Summary of Transaction Details
- Property Type: Retail
- Transaction Amount: $8,400,000
- Address: 575 Beal Parkway NW
- Market: Fort Walton Beach
- Broker: Chase Dominguez - Stan Johnson Co.
Chase Dominguez, representing Stan Johnson Co., played a key role in facilitating the sale of the retail property at 575 Beal Parkway NW in Fort Walton Beach. Through their expertise and negotiation skills, the transaction was successfully completed, resulting in a final sale price of $8,400,000. Their involvement in the deal showcases the commitment of Stan Johnson Co. to deliver exceptional services to their clients in the retail market.
Players
Fort Walton Beach 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
1.89%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93