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5900 Tedder Road

Taylor Smith Purchases Retail Property From Donnelyn Khourie For $7.6M In Fort Pierce
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Taylor Smith Purchases Retail Property From Donnelyn Khourie For $7.6M In Fort Pierce

5900 Tedder Road

$7,600,000

$11/SF

Building Size

653,400 SF

Asset Type

Retail

Closing

Feb 16, 2026

AI

The property asset involved in the transaction is a retail space located at 5900 Tedder Road in Fort Pierce. The asset has a total square footage of 41,988 and was listed at an asking price of $9,100,000. The sale concluded for a price of $7,600,000, resulting in a price per square foot of $181.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $7,600,000
  • Address: 5900 Tedder Road
  • Market: Fort Pierce
  • Asking Price: $9,100,000
  • Square Feet: 41,988
  • Price Per Square Foot: $181
  • Buyer: Taylor Smith
  • Seller: Donnelyn Khourie
  • Seller's Representative: Matthew Lago & Sebastian Misiewicz - Lee & Associates

This transaction involved key individuals including Taylor Smith as the buyer and Donnelyn Khourie as the seller. Matthew Lago and Sebastian Misiewicz represented the seller in this deal through their agency, Lee & Associates.

Players

Matthew Lago

Lee & Associates

Broker

$30.7M

vol

3 deals

Broker

Fort Pierce 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

2.09%

Cash-on-Cash

-0.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93